Lower mortgage rates spark real estate frenzy: What to know

Mortgage rates have now fallen down to the lowest level in two years, signaling a positive turn for buyers in the real estate market. NBC’s Vicky Nguyen joins TODAY to break down if now is really the best time to close on a home.

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#mortgage #money #realestate

[kelvinjohnson]

prices are too high. With rates not subsidised in ’24 and mortgage still high, currently seeking alternatives to maximize savings without an RV move or taking a loan. I’m seriously contemplating the latter.

[popgems]

Ha, interest rates going down and insurance rates going into the stratosphere!

[mikek]

PRICES need to come down. Do NOT over pay.

[IRONMAN]

Taxes won’t go down, they only go up, so homes have to come down and rates have to go down

[x-men-]

Property tax 1k per month in Pa, NJ. No, thanks

[AnonymousPerson]

Frenzy?! Where?! Houses aren’t moving in Maryland.

[LesserMe]

Neighborhood just sold thier house in two week. House will take 30 days to close but sold within two weeks.

[saikrupa]

Good its a strtegy if high intresr rates no one can afford houses

[VectorMoving_]

Economic cycles: Economic booms and busts contribute to the inflation of bubbles, as during periods of growth, real estate prices often rise faster than income levels, creating an artificial overheating of the market.

[helene]

Great news at 6% lol. Best thing is to not buy if you need a loan. Youll be house poor for the rest of your life.

[ConsultWithEdouard]

Need a high-volume loan with low interest, I'm your guy 👍🏻

[pokFryRicebich]

You people acting like .50 gona change lives😂. Come on now🥱