Will Home Mortgage Rates Drop In 2024 In Usa. — home sales will remain constrained as long as mortgage rates stay over 6% but are expected to rise as mortgage rates and inflation decline. While a drop in mortgage rates is anticipated, the overall consensus suggests that rates are unlikely to.
— forbes advisor’s insight on current mortgage rates and the housing market. — experts say that the combination of high mortgage rates, inflated home values and scarce inventory suggest that 2024 could remain a challenging year for the housing market.
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