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Updated about 1 year ago,
Rates have had a pretty dramatic improvement since yesterday’s fed announcement
Rates have had a pretty dramatic improvement since yesterday’s fed announcement.
As you have probably heard, they are projecting at least 3 cuts in 2024. Markets have responded well. Rates are down about .25% in the last 24 hours.
You will start to see lower 6’s being advertised.
I think this is a pivotal moment where if you don't get into the market now the next few years will be brutal as competition and pricing increases.
Macro, strong demographics, and pent-up demand with a lack of inventory.