Homebuyers ‘should move faster’ amid soaring prices

The years-long hot housing market has shown signs of cooling off.

Mortgage rates over a weeklong period earlier this month topped 4% for the first time in three years — and the rise will likely continue as the Federal Reserve pursues a series of interest rate hikes this year.

But persistent inflation and rising interest rates shouldn’t scare off homebuyers, real estate guru and “Shark Tank” panelist Barbara Corcoran told Yahoo Finance. Instead, aspiring homeowners should jump into the market…


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