Snippets from Tippett Blog

The objective of Snippets from Tippett is to educate and provide industry insight. Our promise is to enlighten and showcase current developments pertaining to commercial and residential real estate markets, real estate financing, real estate market trends and business lending.

Why 8% Mortgage Rates Aren’t Crazy

Tippett’s Snippet:

Sure, 8%+ rates are not the ideal. However, IMHO, I believe the real rub for people is the fact rates went from historic lows and multiplied over 2.5x in just over 1.5 years.

Click here for full original article, October 4, 2023 on WSJ.com

Brad TippettNovember 7, 2023