Are surging mortgage rates starting to impact the market? Are we looking at 2008 again? Let’s take a

First, mortgage rates have continued to tick higher, with the Bankrate.com national average rising to 5.27% (and we’re seeing quotes for 6% mortgages for the first time in well over a decade) and undoubtedly that’s going to put some headwinds on demand.

More broadly, the monthly housing stats are starting to show a loss of momentum, as Single Family Starts and Single-Family Permits (which are a three-to-six month leading indicator of starts) also declined in March (the headline Housing Starts number reported in the financial media isn’t a useful number—it’s the Single Family sub-indices that really give insight into Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of my foundation of success.