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Mortgage rates finally expected to dip below 6% in 2024, but affordability remains low

Por: Fox Business Business January 23, 2024

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Mortgage rates are set to go down this year, but affordability remains an issue.  (iStock) Good news for potential homebuyers in 2024: mortgage rates for 30-year mortgages are set to drop below 6% by the end of the year, a . 2023 was one of the most volatile years in history for the housing market. Last year saw the least amount of existing home sales since the Great Financial Crisis in 2008.The Fed cutting rates throughout the year paired with... + full article



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