Mortgage Rates Forecast For 2024: When Will Rates Finally Come Down?

Forbes, Nov 30, 2023–Robin Rothstein
It seems mortgage rates fever has finally broken—at least for now. After rising to 7.79% in October—the 2023 high—rates floated down notably over November amid signs of receding inflation pressures, finishing the month at 7.29%, according to the latest weekly data from Freddie Mac. (MBA mention)
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