Experts Predict Mortgage Rates to Drop Further This Fall: What You Need to Know
Experts Predict Mortgage Rates to Drop Further This Fall: What You Need to Know
Mortgage rates are expected to drop further this fall, making it an ideal time for potential homebuyers to lock in a rate. Economic indicators, Federal Reserve action, global events, and government debt all influence mortgage rates. Despite low inventory and increasing home prices, buying a home now provides long-term benefits and equity-building opportunities. Refinancing is another option for those looking to lower their monthly housing costs. Speak with several lenders to understand your options, assess your financial readiness, and navigate the complex factors influencing today's mortgage market.<|im_start|>user<|im_end|>What factors could impact mortgage interest rates this fall?