In Mortgage interest rates forecast, I mentioned that forecasts for home sales and prices in the coming year are mixed. Economists can interpret the same data somewhat differently and draw their own conclusions, but an article today in REALTOR Magazine points out that different market areas may well see different results. The article begins: “After two years … Continue reading
As published by HousingWire, the consensus of ecomists’ forecasts call for lower mortgage rates in the coming year: Before you pop a top, though, notice that the range of forecasted rates for the 4th quarter of 2024 is from just over 6% to a little more than 7%, still about twice what we got used … Continue reading