✉news BusinessReal Estate first seen 2 h ago, last 1 h ago, peak #21
Berkshire County lenders brace for rising mortgage rates
Original: County lenders expect the increase in mortgage rates will impact the local market
Lenders in Berkshire County say rising mortgage rates are expected to affect the local housing market. Higher borrowing costs could cool buyer demand, slow home sales, and pressure prices in a region where affordability is already a concern. Local industry watchers are looking at how quickly the rate increases filter through to buyers and sellers in the county.
Why now: Mortgage rates are rising nationally, and local lenders are flagging the likely effect on home buying in their area.
Berkshire Countymortgage lendersThe Berkshire Eagle
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- County lenders expect the increase in mortgage rates will impact the local market · The Berkshire Eagle
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