Yep.... sounds pretty disastrous to me... What kind of prediction would you expect from a CEO of a real estate marketing company that is home based in one of the most woke/liberal states in the nation? Fair and balanced? LMAO
This is an AI summary of what home mortgage rates are doing, and are likely to do in the immediate future....
As of January 2025, mortgage rates are expected to remain relatively stable, but could change depending on economic conditions.
What's happening with mortgage rates?
- In 2023, mortgage rates reached a 23-year high. THE RESULT OF BIDENOMICS
- In 2024, mortgage rates decreased somewhat, but ended the year close to where they started.
- In January 2025, mortgage rates increased for the fifth straight week.
- The average 30-year fixed rate was over 7% for the first time since May 2024.
What's expected to happen with mortgage rates in 2025?
- Many experts expect mortgage rates to continue to decrease into 2025. THE TRUMP EFFECT
- The National Association of Home Builders expects the 30-year mortgage rate to fall below 6% by the end of 2025. THE TRUMP EFFECT
- However, mortgage rates could change depending on economic conditions, such as inflation, geopolitical outlook, and a new presidential administration.