Is it here? Mortgage Rates Take a Breather | John Adams Mortgage Rates Take a Breather – John Adams Continue reading " />

The modest decline in mortgage rates is a welcome respite from the rapid increase in rates the last few weeks. While the housing market has clearly softened in reaction to the rise in mortgage rates, the economy and consumer sentiment remain very robust and that will sustain purchase demand, particularly in affordable markets and neighborhoods.

Information provided by Freddie Mac.