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HOUSTON – Sikiru Ogunboyejo has been a real estate agent for eight years.

He says he’s seen major fluctuations in interest rates during his time on the job.

”When COVID started interest rates were, I wouldn’t say at an all-time low, but lower than they usually have been,” Ogunboyejo said.

During the height of the pandemic, Ogunboyejo says interest rates hovered around 2.7%.