Mortgage Interest Rates have dropped over .75% in just over a month and likely to continue lower. In this video, we dive into why interest rates are expected to continue moving lower, despite recent highs. We explore the Federal Reserve's dual mandate and how their focus on price stability and full employment plays a crucial role in their decision-making. We analyze recent economic indicators, including inflation trends, job creation, and unemployment rates, to understand the factors influencing the Fed's actions. With insights from the bond market and current market expectations, we'll discuss the potential impact on house prices and what this means for homebuyers. Get ready for an in-depth look at the future of interest rates and the housing market!
WATCH THIS NEXT ⏩ How To Choose A Mortgage Lender When Buying A House in 2024 - https://youtu.be/wPbDWP3BhAQ
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Jeb Smith (huntington beach Realtor/orange county real estate)
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Josh Lewis (Huntington Beach Certified Mortgage Expert)
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