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Navigating Mortgage Rate Trends in 2024: What Homebuyers Should Know

The rollercoaster ride of mortgage interest rates has been a hot topic in the real estate world lately. After the Federal Reserve drastically lowered interest rates in response to the pandemic, mortgage rates hit historic lows, dipping below 3% for 30-year fixed-rate mortgages. However, as we ventured into 2022 and 2023, rates began to climb, … Continued