Potential buyers are always asking this question: will mortgage rates come back down. Based on the latest data, as of March 24, 2025, the average rate for a 30-year fixed mortgage is 6.77%, according to Mortgate News Daily. While still elevated compared to the lower rates seen during the pandemic, this rate sparks fresh conversations among buyers and sellers. With inflation cooling and the Federal Reserve holding steady on hikes, the housing market is entering spring with growing interest and cautious optimism. See the link below for a complete analysis and reach out to discuss anytime!
Posted by Charla Housson on
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