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Stock impact report

What could happen with mortgage interest rates this spring? Experts weigh in [CBS News]

Rithm Capital Corp. (RITM) 
Company Research Source: CBS News
Through it all, sidelined buyers have been hoping the right moment was just around the corner. Now, spring is here, and the wait may finally be worth something meaningful. As of mid-March, mortgage rates on a 30-year fixed loan are slightly under 6%. With many mortgage lenders offering loans in the 5% range, it appears we're breaking through an affordable barrier. Could mortgage rates continue to fall this spring, however? Or will inflation, rising 10-year Treasury yields and geopolitical tensions push them back up? We checked in with mortgage experts to get a better understanding of what could happen with mortgage rates this spring. Below, we'll outline their expectations for the season. Start by seeing how low your current mortgage rate offers are here What could happen with mortgage interest rates this spring? Don't expect a dramatic mortgage rate drop anytime soon, or a big spike either. The experts we spoke with generally expect mortgage rates to stay in a relatively narr Show less Read more
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