Mortgage Rates Dip: A Bit of Relief, But What's Next?

Mortgage rates just hit a one-year low! But don't get too excited, future rate drops are uncertain. This episode breaks down the latest dip to 6.3% on 30-year mortgages, what's driving these shifts (hint: it's the Fed), and why even potential Fed rate cuts might not guarantee continued relief for homebuyers. Hosted on Acast. See acast.com/privacy for more information.