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The forecast for mortgage rates and types

Location
Seattle, Portland, San Francisco
Publish Date
2022/12/05

Experts predict mortgage interest rates could continue to increase for a few weeks or months. 7% looks to be the level for the rest of this year and most of next year. Within two years, the rate should return to 5.5% or 6%. Because the rates are high, experts foresees a greater interest in adjustable-rate mortgages (ARMs) through next year.

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