Please see below links from several “real time” extremely clear articles which provide specifics for massive interest rate hikes over this year and 2023. These are a must read to best understand how these increases will directly affect the value of your property and why, if you do not plan on holding your property long-term, it is advisable for you to evaluate your options and your property’s value at this time.
Forbes: Mortgage Interest Rate Forecast - NEW! July 1, 2022 Who are the Winners and Losers of the Fed Hiking Interest Rates - NEW! June 16, 2022
Reuters: Goldman See Fed Hiking Rates by 50 BPS at May, June Meetings