Category: Financing

Revised mortgage forecasts for 2024 predict HIGHER rates. Can you still snag your dream home? At the start of 2024, many homebuyers anticipated a dream scenario: falling interest rates leading to a more affordable and accessible housing market. Unfortunately, that …Read more  »

Soaring mortgage rates got you down? Experts predict a drop in the latter half of 2024, making homeownership more achievable. The American dream of homeownership can feel increasingly out of reach, especially when navigating the complexities of mortgage rates. If …Read more  »

The American dream of homeownership has transformed into a frustrating hurdle race in 2024. Aspiring buyers face a grueling obstacle course of skyrocketing housing prices and sky-high mortgage rates, forcing many to abandon their ambitions. And according to the housing …Read more  »

As we stand in the middle of May 2024, the question of interest rate predictions for the rest of this year is a pressing one. With the Federal Reserve's recent decision to maintain rates between 5.25% and 5.5%, the highest …Read more  »

Homebuyers can rejoice! On Wednesday, 30-year fixed mortgage rates dipped below the psychologically significant 7% threshold, settling at 6.84% – the most attractive rate since late March according to a report from Investopedia. This marks a welcome decline, especially considering …Read more  »

Mortgage rates to stay high in 2024, predicts Freddie Mac. But will strong demand overcome affordability challenges? Let's explore what this means for homebuyers. Freddie Mac, a leading provider of mortgage financing in the U.S., reports a slowdown in the …Read more  »

For homebuyers in June 2024, the predictions of mortgage rates loom large. After a period of decline in early 2024, rates have seen a slight uptick in May, leaving many wondering what June holds. While the record lows of 2021 …Read more  »

For homebuyers, the past few weeks have been a nerve-wracking rollercoaster. Soaring housing prices have been a significant hurdle, and to add to the challenge, mortgage rates have been on a relentless upward climb. But there's a welcome glimmer of …Read more  »

The dream of falling mortgage rates in 2024 has hit a snag. Recent economic data, especially stubborn inflation, has thrown a curveball at prospective homebuyers in May. Let's explore what experts predict for mortgage rates for this month, i.e.; May …Read more  »