By the Numbers: Looking at Increasing Mortgage Rates - Q1 Webinar / Recorded February 24, 2022
Mortgage rates have risen over the past few weeks. At the beginning of 2022, the average rate on a 30-year fixed-rate mortgage hit a two-year high. The Federal Reserve has signaled plans to raise rates three times this year, and most economists are forecasting that mortgage rates will hit 4.0% by the end of the year. What should we expect for rates this year? What factors impact mortgage rates? And what will be the impact of rising rates on the housing market? Register for our By the Numbers webinar featuring our Virginia REALTORS® Chief Economist to hear about the latest on mortgage rates and to receive an analysis of how an uptick in rates could affect the housing market and YOUR business.