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You are here: Home / Real Estate / Mortgage rates up, inventory falling

Mortgage rates up, inventory falling

March 13, 2023 By Geoffrey Disch Leave a Comment

The news continues to be tough in the housing market. Mortgage rates climbed to 6.73 % for a 30-year fixed mortgage while hoe prices increased by 6.3%.

New listings have declined for 35 weeks straight, down 26% compared with 2022. And houses on the market continue to sit for up to 18 days longer than last year.

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Filed Under: Real Estate Tagged With: housing market 2023

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