Mortgage Trends

Mortgage rates decreased after two weeks of growth, reaching their lowest level since May 2023. Experts predict rates to fall, rise, or level off in February. The Federal Reserve's actions and economic conditions will influence the direction of mortgage rates in 2024. Continue to full article...

Heading into 2024, the market's trajectory in South Florida is mired in uncertainty, impacted by variable home inventory and economic factors.With mortgage rates at a 23-yr high, ~ 8%, they significantly shape market conditions and buyer behavior....