El Paso’s Housing Market: Will the Bubble Burst?

EL PASO, Texas — Mortgage rates saw their largest weekly drop since 1981 Thursday. A 30-year fixed-rate mortgage now stands at 6.6%, down 1.2%. But it’s still a far cry from where rates stood one year ago at 3.1%. As rates remain high during a volatile time with high inflation, many prospective homebuyers are feeling … Continue reading El Paso’s Housing Market: Will the Bubble Burst?