When Will Mortgage Rates Drop? Not soon enough. скачать в хорошем качестве

When Will Mortgage Rates Drop? Not soon enough.

When will mortgage rates drop? In this video, David from Rise Utah Realty discusses the current state of the mortgage market and when he expects mortgage rates to drop. He explains that due to persistent inflation, mortgage rates are likely to stay high in 2023. He also discusses how rate buy-downs can help buyers get a lower interest rate on their mortgage. David predicts that mortgage rates will start to drop in mid-2024, but he says that they are unlikely to drop below 6%. He also discusses the X factor in all of this: the election year. He says that it is possible that the government will lower interest rates in order to stimulate the economy in the lead-up to the election. Here is a summary of the key points from the video: Mortgage rates are likely to stay high in 2023 due to persistent inflation. Rate buy-downs can help buyers get a lower interest rate on their mortgage. David predicts that mortgage rates will start to drop in mid-2024, but he says that they are unlikely to drop below 6%. The election year could be an X factor that could lead to interest rates being lowered in order to stimulate the economy. If you are planning to buy a home in the near future, it is important to talk to a mortgage lender to get pre-approved and to understand your options. #mortgagerates #whenwillmortgageratesdrop #mortgageadvice #realestate #homebuying #interestrates #inflation #economy #electionyear #ratebuydown #RiseUtahRealty -------------------------- Rise Utah Realty - Property Management RiseUtahRentals.com Get a Free Rental Analysis. https://www-riseutahrentals-com.files...