Mortgage Rates Could Hit 5% This Year

Mortgage rates continue to soar, with many predicting they could hit 5% before the end of the year. What does that mean if you are planning to buy a house?

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LINKS: https://finance.yahoo.com/news/mortgage-rates-increase-152744753.html

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.