US Housing Eyes Higher Mortgage Rates

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Mortgage rates have been a moving target lately, with recent forecasts suggesting we’d see them in the high-5% to high-6% range. Thanks to global conflict and trade uncertainties, though, rates closer to 7% are looking much more likely.

Locally and nationwide, inventory climbed by about 0.8% (roughly 6,700 homes), reaching approximately 902,000 homes on the market. New listings slowed as expected for the season, and we’re seeing more price cuts as sellers adjust to the pressure of higher rates.

If you’re navigating the market in Columbia, SC, having a clear strategy is more important than ever. I’m here to help you make sense of these shifts, whether you're buying or selling.

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