Mortgage rates probably will peak in 2023’s first quarter at a 22-year high of 7% before dropping to an almost two-year low of 5.8% by the end of the year, according to a Wells Fargo forecast.
Mortgage rates probably will peak in 2023’s first quarter at a 22-year high of 7% before dropping to an almost two-year low of 5.8% by the end of the year, according to a Wells Fargo forecast.