Remove articles mortgage-demand-continues-to-fall-amid-pressure-on-rates
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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

Instead, many eyes may have been captivated by something else dropping – interest rates. The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. Rainier-esque peak of a decade past! Thank you, Millennials!