Reported 1 day ago
Sean McPeak, a Serhant agent, forecasts mortgage rates could fall to 5.8% by the end of the year, contingent on the Federal Reserve's interest rate adjustments and market conditions. McPeak highlights improving buyer circumstances with falling home prices and increased inventory in many regions, yet notes challenges in high-regulation markets like New York City. He advises homebuyers to consider long-listed properties and limit property viewings to avoid confusion.
Source: YAHOO