Are 2024 Mortgage Rates Ordinary or Outrageous?
Rightfully so, Real Estate is often the talk of the town. Whether it is the news, social media, or Billy at the cookout, it seems that no matter where you go, the real estate market is always on top of the conversations. Some say that interest rates are at an ALL TIME HIGH and others say they are EXACTLY where they should be. You will hear horror stories of someone buying their first house at a 15% Interest Rate and dreamy stories of someone buying their home at a measly 2.7% Interest Rate. So what is the reality of this talk? I have gathered data points and quotes from multiple sources and am displaying them together in an attempt to educate, ease, and paint a picture of today's mortgage rates.
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