Atlanta (February 6, 2023) - The housing market is an important component of the economy – and mortgage rates are a personal challenge for people hoping to buy homes. While rates are dropping, they remain higher than they were this time last year.
Justin Barry, a partner in the firm’s Commercial Real Estate Development & Finance and Commercial Lending Practice Groups, spoke to HousingWire about the dilemma.
“Rising interest rates and elevated mortgage rates present another homeownership hurdle for the current renter pool,” Barry said.
HousingWire is an award-winning national real estate news site offering news, analysis and research for industry leaders and their teams.
