Mortgage Rate Relief Won’t Come Until End of 2023 (or Later), Housing Economists Say

Housing Wire, June 15, 2023-Flávia Furlan Nunes (subscription)
After a slight decline this week, mortgage rates are expected to stay at their current elevated levels for a while in reaction to the Federal Reserve‘s (Fed) decision to pause its tightening monetary policy in June. In turn, mortgage origination volumes will remain under pressure for the remainder of the year.
https://www.housingwire.com/articles/mortgage-rate-relief-wont-come-until-end-of-2023-housing-economists-say/