RE Summit: NAR’s Yun suggests mortgage rates may plateau
LOVELAND — The home-buying market is tough for consumers and real estate agents with home prices and mortgage rates rising rapidly, but the bright spot may be that mortgage interest rate increases may have plateaued with few significant increases yet to come. At least this year, according to Lawrence Yun, chief economist for the National Association of Realtors.
Yun provided the keynote address Wednesday at the annual Northern Colorado Real Estate Summit, a BizWest event held at the Ranch Events Complex in east Loveland.
Yun, who joined the event remotely from his office in the shadow of the U.S. Capitol in Washington,…
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