Are Mortgage Rates Rising Or Falling Today?
According to Bankrate, the mortgage rates have slightly increased since the election, which is actually ahead of the Federal Reserve meeting, and also not historically how things go during the election and after the election.
It’s been consistent during this time up to the election that the interest rates for the mortgages have not decreased. But on the other side of things, the stock market seems to have had a surge. So that’s one positive thing, and we’ll have to see how the increase in the mortgage rates and the increase in the stock market will impact the real estate market the rest of the year and heading into 2025.
So if you have any questions, please reach out to us. Please share with anyone you think it’ll be helpful to. And as always, close with Patrice.
This has been “Are Mortgage Rates Rising Or Falling Today?” by Patrice Henderson of Designed Living Real Estate. Be sure to subscribe to her YouTube channels for all your real estate tips, home tours and advice.
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