2024 Mid-Year Market Update: What Buyers and Sellers Need to Know

2024 Mid-Year market update What Buyers and Sellers Need To Know Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3 Unfortunately, persistent inflation has delayed the central bank’s timeline and kept the average 30-year...

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