🏠 Mortgage Rates Cool Off: What You Need to Know in 2024! 💰📉

Looking to buy a home in 2024? Stay informed about the latest mortgage rate trends with insights from Jacquelyn Butler. Join us as we break down the key points and implications of the recent cooling off in mortgage rates, offering valuable guidance for homebuyers in the new year. 💼💡 Key Points: Mortgage Rates Settle in 6% Range: Borrowing costs have fallen over the last two months, with the 30-year fixed-rate mortgage reaching %. Expected Decrease in Mortgage Interest Rates: Deputy Chief Economist at NAR, Jessica Lautz, predicts a downward trajectory for mortgage rates in 2024, offering opportunities for savvy homebuyers. Impact on Monthly Payments: With the current rate, a $400,000 home would result in a monthly mortgage payment of $2,048, significantly lower than previous months. Forecast for 2024: NAR predicts the 30-year fixed-rate mortgage to average 6.3% throughout the year. Get ahead of the game and make informed decisions about your home purchase! Explore further at or for additional resources and expert advice. Have questions or ready to get started? Contact us at jacquelynbutlerhomes@ or give us a call at (214) 919-0024 or (214) 325-3155. Let’s navigate the real estate market together! 🌟📞 Credit: Content by Melissa Dittmann Tracey, Read the full article here: