‘The market is shifting.’ Here’s exactly when 3 economists predict competition in the housing market will decline

‘The market is shifting.’ Here’s exactly when 3 economists predict competition in the housing market will decline
·3 min read

MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Mortgage rates on 30-year fixed rate loans have climbed from about 3.5% earlier this year to upwards of 5.6%, and pros say they may go higher (see the lowest mortgage rates you can qualify for here). Home prices too have made a steady climb upwards, growing about 20% from March 2021 to March 2022, according to CoreLogic.

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