What’s Next for Interest Rates? 📉🤔

As we approach the end of the year, the big question is: How much will rates drop in December? Here's the reality: earlier this year, Fannie Mae predicted we’d hit the low 6s by now. But as it stands, we’ll be lucky to see 6.5%—and it could even be higher.

So, why aren’t rates dropping as expected?
1️⃣ A strong economy: While this is generally a good thing, it’s keeping rates higher.
2️⃣ Inflation remains a challenge: Inflation is still showing its strength, which keeps interest rates elevated.
3️⃣ Uncertainty about the future: Concerns about the national deficit and whether inflation will ease in 2025 are making the market cautious.

We’re all hoping for a drop this December to close out 2024 on a positive note and kickstart 2025 with momentum. If you’re considering refinancing or purchasing, now’s the time to strategize for what’s ahead.

📩 Let’s Chat: DM me with your questions, or book a call to see how this rate environment affects your goals!

📞 Need Assistance? Book an appointment or give me a call anytime. I’m here to help with all your mortgage and refinancing needs!
📞 Phone: 719-310-0749
✉️ Email: serrottati@yahoo.com
📅 Schedule a Free Consultation: [ Ссылка ]
👥 Join The Mortgage Hub: [ Ссылка ]

свернуть