Staten Island Real Estate

Esphir Popilevsky
Esphir Popilevsky
Published on September 23, 2024

Exciting news for homeowners! Mortgage rates in the US are finally dropping, with over 80% of homeowners having rates below 6%. πŸ πŸ’° With interest rates at their lowest in over a year (6.5%), experts predict two more rate cuts by year-end. πŸ“‰βœ‚οΈ This is great news for affordability and the housing market, as buyers are starting to come back. πŸ“ˆπŸ‘ According to the National Association of Realtors, existing home sales have increased for the first time in five months. πŸ“Š Could this be a turning point for the market? πŸ€” #MortgageRates #HousingMarket #Affordability #shorts

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