In 2024 Mortgage Rates Will...Change! That's a 100% probability. How soon, how quickly, in what direction they will go - that's up for discussion.
In the past year, there has been a lot of talk about a potential economic crisis, recession, and a housing market crash either in 2023 or 2024. Daily I get asked: what do I think will happen within the next year or two in the real estate world? Where will mortgage rates move? And ultimately – are we going to see another massive housing crisis similar to 08-09? Working in the mortgage industry since 2005, living through the housing crisis of 2008-2009, and working with thousands of homebuyers across the country, gives me insight into the actual reality of the housing market vs what the media sometimes reports.
My Market & Rate Prediction Video will help answer the most common questions of homeowners today:
- Should I sell now or wait? - Are more people buying or selling right now? - Have home prices dropped since mortgage rates have gone up? - Why would someone even consider buying a house when rates are at 7%? - What will mortgage rates do in the next 12-24 months and how should I react? - Is the Housing Market going to CRASH in 2024?Â
