‘The market is shifting.’ Here’s exactly when 3 economists predict competition in the housing market will decline

MarketWatch Picks has highlighted these products and services because we think readers will find them useful; MarketWatch News employees are not involved in the creation of this content. Mortgage rates on 30-year fixed-rate loans have risen to over 5.6% from about 3.5% earlier this year, and pros say they could get higher (see the lowest mortgage rates you can qualify for here). Home prices have also been steadily increasing from March 2021 to March 2022, according to CoreLogic, up about 20%.

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