Source: Axios
“U.S. mortgage rates are at lows not seen since early 2023, ahead of next week’s expected interest rate cut. Easing mortgage rates offer house-hunters some relief. But experts say it’s going to take a bigger drop to revive the sluggish home market. … Mortgage rates won’t fall much immediately after the September Federal Reserve meeting, analysts say. Realtor.com chief economist Danielle Hale tells Axios she isn’t expecting them to dip below 6% this year.” (09/14/24)
https://www.axios.com/2024/09/14/mortgage-rates-low-september