Mortgage Rate Forecasts
Still waiting for lower mortgage rates? Here’s what you need to know. The latest expert forecasts say rates are expected to settle between 6.5-7% this year. And that means they’re not expected to drop as much as you may have hoped. If you need to move, you don’t have to wait until mortgage rates come down more. Options like buydowns, adjustable-rate mortgages, and assumable loans can help make homeownership more affordable right now. Let’s connect to learn more.
Don’t forget to check out our latest market reports!
I’m Joe Peters, a twenty-plus-year real estate agent with Coldwell Banker Residential Brokerage. I work with people that want to buy or sell a home (or both) in Hunterdon or Somerset County, NJ. Clients rely on me for in-depth market and neighborhood insights and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.
Source link
