Do You Think Rising Interest Rates will Change Housing Demand?

[Zac Lindquist]

Hello All!

Interest rates have risen from 3.17% to 3.7% in the span on a month. To put this into perspective of how fast that is for those that do not follow, it was predicted that around 3.6% is where they would be at the end of 2022. Since they have gone up so quickly and making it even harder for buyers to get into a home, do you think this will slow up housing demand?

I look forward to reading your responses!