From Freddie Mac:

“Even with this week’s decline, mortgage rates have increased more than a full percent over the last six months. Overall economic growth remains strong, but rising inflation is already impacting consumer sentiment, which has markedly declined in recent months. As we enter the spring homebuying season with higher mortgage rates and continued low inventory, we expect home price growth to remain firm before cooling off later this year.”

Looking to refinance or purchase a home? Call Robert at (480) 415-0783. You can also apply online at

Source: Freddie Mac, 2/24/22