Mortgage interest rates trending down

I had to go take a look for myself because of the news about mortgage interest rates going down, heck they were 7% now they are all the way down to 6.87%!  They are indeed going down but only a little so far this year. Rates are sure to stay high this year as inflation has gone up instead of down.  Renting may be a more attractive option than owning at this point.

It is a different story for cash buyers. Now is a good time to buy for cash buyers as houses are on the market longer.

Mortgage interest rates
Mortgage interest rates over the last 12 months