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Mortgage Rates Forecasted Under 3.0%
Many business analysts and experts are forecasting mortgage rates will drop under 4% in 2024.This forecast is extremely aggressive and a lot of these economists are putting their names behind their mortgage rates forecast. Here is an article about a mortgage and housing economist aggressive statement on the conviction he has on his under 3% mortgage rate forecast for 2024.
businessinsider.com
"We think we're going to end up with a relatively soggy 2024 when we look back at the end of next year."
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1 Reply
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This is too good to be true. I would be estactic if rates were down to 5%.