Hello BBBB Friend,
In a delightful holiday surprise, interest rates dipped below 7% this week. To add to the festive cheer, the Federal Reserve decided not to increase the Fed funds rate and even hinted at the possibility of up to 3 rate cuts in the upcoming year. The Mortgage Bankers Association has recently forecasted that 30-year mortgage interest rates may reach 6% by the end of the next year. Looking ahead more optimistically, Mortgage News Daily suggests that mortgage rates could potentially dip below 5% next year if inflation continues on its current trajectory. ??
Today, I'm featuring 3 new listings. Also I have a number of price reductions, new contracts and final sales to report for homes that are Still on My List. Click HERE to see these changes.
BY THE NUMBERS FOR NOVEMBER 2023
Have a great week, and, Let's look at houses or talk about selling yours! Becky
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