Are Mortgage Rates On The Rise To 8%? Exploring The Surprising Trends In The 2024 Housing Market!

2024's Mortgage Rates Surprise: Why They're Still Rising! Amid expectations of a drop in mortgage rates with the cooling economy, rates have actually climbed this spring due to a persistently robust economy, with some worried that they may be headed for 8% again! In today's video we delve into the reasons behind this rise, forecast potential relief for the rest of the year, and introduce a bonus discussion: Could today's higher rates signal a lower baseline for rates next year? Join us as we unpack the surprising trends and different levers pushing the mortgage rates in the 2024 Housing Market, and let buyers know when it would make the most sense to make a move.

Email us - [email protected]

#atlantahomes #atlantarealtor #atlantarealestate #georgiarealtor #georgiahomes #georgiarealestate #mortgagerates

00:00 Introduction
00:28 Rates Going The Wrong Way
02:46 Why The Rates Got This High
10:24 What The Rates SHOULD Do Next
15:50 Why You Should STILL Buy Now