Mortgage Rate Forecast For 2024!

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It seems like all the buzz around the future of the housing market revolves around the recent dip in mortgage rates, giving buyers (and some sellers) hope of more inventory to choose from and a more affordable housing market. But is that all it is- simply buzz? Will the Fed start to cut rates in 2024? And if they do, will prices go up or down?

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I’m closing in on retirement, and I'd love to move from Minnesota to a warmer climate, but home prices are ridiculous now.. do I look at other assets and wait for housing crash, or go ahead with house purchase anyways?😢

IrwinFranke
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people who you are referring to are the same people who said housing market is so strong right before 2008 crash

criticalthinker
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I think it’s true people overpaid for houses that checks all their boxes therefor there is no point to sell right now. Everyone is okay to wait in the house that’s checks all thier boxes for the next 10 years.

argeldelacruz
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I don't have a fancy title but, at the end of the day, it's anyone's guess 😅

dg
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7 percent is a joke I will not be buying anything for the next 10 years lmao

argeldelacruz