Love Your Hood

March 2022 Real Estate Finance News Recap

+ 30-year fixed-rate mortgages ended last week at 4.67%, up 1.49 PP from one year ago.

+ Mortgage rates are the highest they’ve been since the end of 2018 and likely will continue to rise over the year.

+ Will there be a 40-year mortgage? Some leaders consider it a possible solution for borrowers delinquent on their housing payments.

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