Interest rates have always fluctuated but, on average, have hovered in the 5-10% range for the past three decades. And industry experts believe rates will potentially fall to the low 6 percent range by the end of 2024. In fact, one of our clients just firmed up their financing with interest rates in the mid-5% rate for 2 years. We hope this helps bring some perspective if you’re contemplating buying or selling your home.
Mortgage Relief In Sight
