According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?
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Top 5 Housing Predictions for 2018
Leaving behind a tumultuous year that included a strong seller’s market, chronic inventory shortages, and a rash of natural disasters, it’s time to look ahead and ask what 2018 has in store for the mortgage and servicing industry.
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