Rates are rising: To fight inflation, the Fed raised rates in 2023, causing mortgage rates to climb above 7%.
Expert predictions vary: Some see rates staying high in 2024 with a gradual decline, while others predict Fed cuts later in 2024 and 2025.
Rates are rising: To fight inflation, the Fed raised rates in 2023, causing mortgage rates to climb above 7%.
Expert predictions vary: Some see rates staying high in 2024 with a gradual decline, while others predict Fed cuts later in 2024 and 2025.