New Real Estate Forecast Predicts a Drop in Home Prices and Mortgage Rates in 2024: How Low Will They Go?
By: BrianAJackson / Getty Images/iStockphotoProspective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 will be 6.8%, with rates declining over the year to reach 6.5% by the end of the year….