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The U.S. housing market is experiencing a significant shift as mortgage rates drop to their lowest levels in over a year. While lower mortgage rates offer a glimmer of hope for potential homebuyers, they enter a market where housing prices remain near record highs. Art Raymond from the Utah InDepth team joins to talk about what is factoring into this drop and what future homebuyers should be aware of.
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The U.S. housing market is experiencing a significant shift as mortgage rates drop to their lowest levels in over a year. While lower mortgage rates offer a glimmer of hope for potential homebuyers, they enter a market where housing prices remain near record highs. Art Raymond from the Utah InDepth team joins to talk about what is factoring into this drop and what future homebuyers should be aware of.
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