Ted Bergstrom

MN Real Estate Team

612.723.5444

Ted@TedBergstrom.com

Mortgage Rates Increase

May 5, 2022
Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009. While housing affordability and inflationary pressures pose challenges for potential buyers, house price growth will continue but is expected to decelerate in the coming months.

Information provided by Freddie Mac.