2024 Mortgage Rate Predictions: Are You Prepared?

Get ready for some mortgage rate predictions and forecasts for 2024! Join Patrick Robertson at Momentous Living as he dives into the recent plummet of mortgage rates on December 1st, 2023. Find out why mortgage rates are dropping today and where our predictions for mortgage rates will be in 2024.
The economy has been highly unpredictable, resulting in uncertainty in the housing market. Commercial Real Estate has been taking a nose dive, but the residential housing market is staying strong.
This video gives detailed information about Mortgage Rates, how the Federal Reserve impacts rates, and how a potential recession will bring rates down. Of course, we back up all of our predictions with expert sources. This is a highly educational video; we know you will find TONS of value in it.
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00:00 Intro
00:47 Part 1: Today's Mortgage Rates
02:57 Part 2: Why Rates Are Dropping
03:08 Decreased Market Risk
04:26 Demand For Mortgages
05:05 Part 3: 2024 Mortgage Rate Predictions
05:18 Mortgage Bankers Association Forcast
05:47 Freddie Mac Forecast
06:04 Realtor.com 2024 Forecast
06:34 Mortgage Rate Expert Recap
07:12 The Fed and Unemployment in 2024
07:51 Fed Decreasing The Discount Rate
08:34 2024 Morgage Rate Predictions
09:17 Home Apprication in 2024
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What are your thoughts on mortgage rates are going to be in the future? 🤔