The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Sold suburban home with a 6% mortgage interest rate sign, reflecting current real estate market conditions.

Why Housing Prices Will Rise: Understanding Interest Rates and Market Timing

By Scott Sheldon / September 18, 2024

If you’ve been sitting on the sidelines, waiting for the “perfect” time to buy a house because of high interest rates, now is the moment to pay close attention. Over the past few years, mortgage rates surged to 7%, creating a challenging environment for homebuyers. However, with the recent dip into the 6% range for…

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