Here’s the ‘Magic’ Mortgage Rate That’ll Nudge Many People Into Buying Homes

The editorial team created the content, and opinions are their own. Homebuyers are waiting for mortgage rates to drop below 6% to make a move. A survey shows that 1 in 5 buyers are waiting for rates to dip, and almost a third could afford to buy if rates go below 5%. Young buyers remain confident despite high rates.