U.S. Mortgage Rates Set To Tumble Next Year, Wells Fargo Says

by Kathleen Howley, Senior Contributor

Mortgage rates probably will peak in 2023’s first quarter at a 22-year high of 7% before dropping to an almost two-year low of 5.8% by the end of the year, according to a Wells Fargo forecast.

Categories

Recent Posts

Study: Everglades Worth $31.5B to Economy
Study: Everglades Worth $31.5B to Economy
NAR: Let’s Reform NFIP, Strengthen FEMA Programs
NAR: Let’s Reform NFIP, Strengthen FEMA Programs
Quitclaim Deed Fraud on the Rise, FBI Says
Quitclaim Deed Fraud on the Rise, FBI Says
Foundation Issues: Early Signs to Watch
Foundation Issues: Early Signs to Watch
RE Q&A: Should I Pay for Leak Damage?
RE Q&A: Should I Pay for Leak Damage?
A Guide to Bathroom Remodel Costs
A Guide to Bathroom Remodel Costs
Buyers Gaining Ground as Market Shifts
Buyers Gaining Ground as Market Shifts
Buyers’ Guide for Outdoor Furniture
Buyers’ Guide for Outdoor Furniture
Are Modular Homes Going Mainstream?
Are Modular Homes Going Mainstream?
New NAR Guides: Auctions, Attorneys
New NAR Guides: Auctions, Attorneys

Share on Social Media

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(352) 217-3179

debbie@debbiegentry.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Debbie Gentry, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.