Consumer Stories
Mortgage rates rise, but might not immediately affect the tight CSRA housing market
The historically low home mortgage rates are coming to an end with the Federal Reserve’s recent interest rate hike and plans for more in the future. But that may not have an immediate effect on home sales in the CSRA – and may end up turning into a positive. Tiffany Sheppard, the mortgage banker with Atlantic Bay Mortgage Group in Martinez, said rates are already rising from last year’s lows. Some clients who pre-qualified for loans a month or two ago but who were still shopping around may now have
Gary Kauffman
March 24, 2022
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