Mortgage Rates: Headed to 8%? Should You Wait?

Mortgage rates might spike to 8%? Discover why waiting for rates to drop could backfire! This episode reveals how the bond market, not the Fed, dictates rates and what rising government debt means for buyers. Find out how many households get priced out if rates climb and why some buyers are ditching the wait-and-see approach, focusing on affordability now. Plus, get crucial advice on navigating today's market, including the fixed vs. adjustable rate mortgage debate. Hosted on Acast. See acast.com/privacy for more information.