Here’s the thing… mortgage rates rose dramatically in 2022.
That was due to the federal reserve trying to
bring inflation down.
While there are some signs that inflation may be slowing… where the market goes from here really depends on the Fed’s ability to get inflation under control.
Good news is, if inflation continues to fall like we’ve seen lately, mortgage rates likely will too. (Anyone else see those rates dipping into the 5% range??)
It’s safe to say, we all want stability and predictability right now…
I’ll keep following the latest trends to keep you updated on what’s going on.
Remember if you have questions about buying or selling a home this year you can always reach out to me!
Your Palm Harbor Realtor,
The Fazzini Group | ReMax Realtec