Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to …

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Welcome to the Team Impressa Blog

Real Estate is not a static industry. Changes occur regularly, sometimes with frightening speed. In this space, we will attempt to share current events and trends in our industry — something that is very difficult to do on static pages. Visit this site regularly to learn what’s going on in Real Estate where you live.