Market Conditions: Will 5% 30-Year Average Mortgage Rates Impact the Chicago Market?

Oct 15, 2018 |

We’ve been chattering about the possibility of 5% average mortgage rates for years here on Crib Chatter. Every time the rates have gotten close, they have retreated…until now. For the first time since 2011, 30-year average mortgage rates have hit 5%. Just a reminder, but in August, the average 30-year fixed mortgage rate was 4.55% […more]

Posted in: Chicago

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