After a dramatic year that saw rates hit over 8% in October, forecasters anticipate a gradual decline throughout 2024. The National Association of Realtors (NAR) expects rates to settle in the 6-7% range by springtime, offering a potentially significant boost to affordability. Fannie Mae, a leading mortgage financier, shares a similar perspective, predicting an average 30-year fixed-rate mortgage of 7.1% by the end of the year.
Hey everybody, this is Kenny Simpson and this is The last GITCFG episode for the year! Make sure to watch this episode from start to finish.
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