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Will High Mortgage Rates Cool Off in 2023?

Mortgage rates more than doubled in 2022, but will homebuyers get some relief?

By Matt Frankel, CFP and Tyler Crowe – Jan 8, 2023 at 6:43AM EST

As we head into 2023, the average 30-year mortgage rate is almost 7%, more than double where it was at the start of 2022. In this video, Certified Financial Planner® Matt Frankel and Fool.com contributor Tyler Crowe discuss where they see mortgage rates going this year. 

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
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The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

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