Subscribe and receive email notifications of new blog posts.
RSS Feed
After reaching their peak for the year of 7.9% in October of 2023, the tide is finally turning for mortgage rates in 2024. According to an emailed statement reported by Forbes, Danielle Hale, chief economist at Realtor.com, had this to say. "Mortgage rates will continue to ease in 2024 as inflation improves and Fed rate cuts get closer. Mortgage rates could near 6.5% by the end of the year, a key factor in starting to provide affordability relief to homebuyers."
Over the past few years, rates hit their highest peaks in decades. A forecast of lower rates is a welcome relief to those looking to buy, sell and refinance — but what exactly does it mean for each one? Below, we'll briefly summarize the opportunities lower rates could ope...
We respect your concerns about privacy and value the relationship that we have with you.
Like many sites, we use cookies on our website to collect information to help improve your browsing experience. The cookies that we use allow our website to work and help us to understand what information is most useful to visitors.
For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.