Mortgage Rates have dropped nearly 1% in a few short weeks as 35% of americans are hoping for a housing market crash in 2024. While both inflation and GDP are slowing, The FED is giving no indication of possible rate cuts but showing unity on a cautious approach to future rate hikes. What does the 2024 mortgage rate forecast look like? How will this affect the housing market? In this video, we are going to dive into the most recent changes in The Federal Reserve Outlook, Employment along with Inflation while giving you a mortgage interest rate forecast for 2024.
