Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall | November 14, 2024

Niecie Draper
Published on November 14, 2024

Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall | November 14, 2024

💰🏡 Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall | November 14, 2024

After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers. Freddie Mac’s latest research shows that mortgage payments compared to rents on the same homes are elevated relative to most of the last three decades.
☎#callniecie to find out how the no change in rates can affect your home search

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