Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices Housing affordability is the worst it’s been in decades, but slowing inflation may reduce some of the pain for hopeful homebuyers. U.S. inflation cam
What is a Rate Buydown and is it a Good Option For You?
With interest rates at 23-year highs and home prices still soaring, the already expensive undertaking of purchasing a home has become even more costly. In response to the high cost of borrowing money, many people are searching for ways to reduce their interest and monthly mortgage payments. Others
Will Rates Go Down in 2024? The Experts Weigh In.
What do the experts predict? As of Oct. 11, 2023, the average 30-year fixed mortgage rate in the United States is 7.83%, the highest level in more than two decades. And the good news is that most experts seem to think mortgage rates will fall in 2024. Many predict that inflation will decline and th
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