Mortgage Rates Will Come Down, It’s Just a Matter of Time

11.21.2022 | Blog

The average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. The mortgage market is eagerly awaiting positive news on inflation. As the Federal Reserve works to bring inflation down, mortgage rates will come down as well.


Mortgage rates will come down – it’s just a matter of time. The hope is we continue to see more positive news on inflation, and that’ll bring mortgage rates down. This will give prospective homebuyers more buying power and lead to more homeowners throughout the country.