Mortgage Rates: Why They Spiked, Why They Fell And What’s Next For Buyers

Forbes, Oct 25, 2024–Robin Rothstein and Caroline Basile
After skyrocketing during and after the pandemic, mortgage rates are down more than 1% from their October 2023 peak. But what’s behind this shift, why did rates soar in the first place and how much further can hopeful buyers expect mortgage rates to drop in 2024?
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