Thirty-year mortgage rates have seen a slight dip, falling from roughly 6.9% to about 6.6% in recent weeks.
Economic concerns, including a potential recession and inflation, are causing considerable market uncertainty.
This uncertainty, combined with a potentially slowing job market, is affecting the affordability of homes for many.
Although rates are slightly lower, experts predict they'll likely stay above 6.5% for the foreseeable future.
