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Mortgage Interest Rates Prediction 2024
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Mortgage Interest Rates Prediction 2024. Here's what several housing market experts anticipate for mortgage interest rates through the remainder of 2023 and into 2024. Mortgage rates are not going down right now, but expert rate predictions say they will end 2024 between 6.6% and 6.7%.
The current mortgage rates hold significant implications for home buyers, sellers, and the overall housing market. If inflation continues to dissipate and the economy cools or goes into a recession, itโs likely mortgage rates will decrease.
For Home Buyers, Mortgage Rates Directly Impact.
Persistently higher interest rates are expected to dampen mortgage origination.
Lee Cites Valuations And The Potential For Lower Interest Rates As Key Reasons For His Prediction.
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