U.S. Mortgage Averages As of 09/12/2024

Ahead of the Fed’s meeting on September 17, 2024, mortgage rates have fallen more than half a percent in the last six months. Though this may come as great anticipation for new home buyers to enter the market, many are still staying on the sidelines due to high prices. I’m afraid that if buyers wait, which is not wrong, they might face bidding wars as rates fall and an influx of buyers enter the market, causing them to possibly spend even more than they bargained for.

AdrianHernandezHelps-JBGoodwin REALTORS®
📞 (210)884-7299
📧 adrian-hernandez@jbgoodwin.com