30-Year Mortgage Rates Drop Below 6%: What It Means for Homebuyers in 2024
The recent drop in 30-year mortgage rates below 6% marks a significant milestone in the housing market. With rates at their lowest in over 19 months, potential homebuyers, current homeowners looking to refinance, and real estate investors are presented with a unique opportunity. This article will explore the implications of this rate drop, the factors driving it, and how you can leverage these rates to your advantage in the current market.