Mortgage rates have climbed above 7%, reaching a nearly two-year high and raising new questions about how buyers and sellers will respond across the North Texas housing market. Here’s what experts had to say.➡️ #interestrate #mortgage #homebuyers Brent Myers, director for the Greater Fort Worth Association of Realtors, said the increase was anticipated. “I think a lot of people anticipated it. It makes a big difference in how real estate is handled,” Myers said. ➡️ Justin Landon, president and CEO of the MetroTex Association of Realtors, said buyers also need to consider other expenses that come with owning a home. “I think it’s important to understand that there’s a lot of factors that play into that. It’s not just the interest rates,” Landon said.➡️ Those factors include property taxes and homeowners insurance, which Landon said can have an even greater effect on affordability. ➡️ Despite the higher cost of borrowing, Myers said the changing market could work in favor of some ...