Mortgage Rates Rise as Economy Fuels Higher Rates in 2024
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#fd4fc180 ver:0.66

Mortgage rates are rising due to a strong economy, impacting homebuyers' decisions. Condos offer affordability and low maintenance, while single-family homes provide privacy and space. Location, market conditions, and personal preferences should also be considered. Waiting for lower rates may lead to increased competition and higher prices. High rates are fueling inventory growth, with 526k unsold homes on the market. The increase in inventory may lead to future price declines. Rates are not expected to drop significantly, but it's still a good time to buy with historically low rates. Consider a HELOC for home improvements. #mortgagerates #housingmarket #homebuying...

#newstr #MortgageRates #Homebuying #Heloc #HomeEquity #Economy 

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