U.S. Mortgage Averages As of 11/21/2024

As the holidays approach, the market could remain volatile. As interest rates shift upwards, we are witnessing a slight increase in inventory. This rise in inventory could benefit buyers, as sellers may or may not become more flexible with prolonged sell times. However, future homeowners should remain mindful of their unique circumstances as these rates are a general survey and not based on a home owner’s unique circumstances. There are also better opportunities for home owners to get into new Construction homes with very attractive incentives. It’s crucial to stay responsible and make decisions that best suit your individual needs.