The Berwald Group

612-669-0596

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October 20, 2022
The 30-year fixed-rate mortgage continues to remain just shy of seven percent and is adversely impacting the housing market in the form of declining demand. Additionally, homebuilder confidence has dropped to half what it was just six months ago and construction, particularly single-family residential construction, continues to slow down.

Information provided by Freddie Mac.

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Direct: 612-924-4354 | Cell: 612-669-0596
Lance@theberwaldgroup.com
Realtor & Housing
Licensed In Minnesota

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