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- Massive Interest Rate Drop
Massive Interest Rate Drop

1. 2024 Home Prices
2024 home prices and mortgage rates may balance out
π¬ Expert's Opinion: Home prices may rise, offsetting potential mortgage rate decreases
π Impact on Buyers: Limited housing inventory may continue to squeeze out homebuyers
π€ Expert Insight: Rental prices rose 0.5% in November compared to a similarly priced home
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π‘ Types of loans: Conventional, FHA, VA, USDA, Down Payment Assistance, loans for self-employed, and investors!
3. Fed Reserve Looks At Lowering Rates
Fed holds rates steady, predicts 3 cuts in 2024
π Rate Decision: Fed keeps key rate unchanged at 5.25% to 5.5%
π₯ Future Cuts: Fed forecasts 3 rate cuts in 2024
πΈ Inflation Outlook: Inflation expected to slow, but still above 2%
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