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Updated 7 months ago on . Most recent reply

Noah Bacon's profile image
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Noah Bacon
  • Property Manager
  • from Lansdale, PA
  • Member since Jan 13, 2021
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Noah Bacon
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Market Trends & Data

How will interest rates trend in 2024?

Noah Bacon
  • Property Manager
  • Lansdale, PA
ModeratorPosted

On a recent episode of On The Market we have heard some of the best news all year for the economy and the housing market around inflation and interest rates. Today, Freddie Mac reports 30 year fixed mortgage rates at 7.22%. How do you see interest rates trending in 2024? 

If you anticipate a big change in interest rates, what factors do you believe will drive this change?

Increase
Decrease
Remain relatively stable
Not sure
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Scott Trench
  • President of BiggerPockets
  • Denver, CO
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Scott Trench
  • President of BiggerPockets
  • Denver, CO
Replied

I think the only logical thing to do is to plan on them going higher or staying flat, and allow yourself to be pleasantly surprised if they come down. 

Heads you win, tails you win.

  • Scott Trench
  • Podcast Guest on Show #223
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