While inflation continues to drive Houston interest rates up, real estate agents say there may be a silver lining for buyers

Source: Click 2 Houston — 

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%.