For the third straight week mortgage rates have continued their downward trend as optimism grows around the expectation that the Fed may slow the pace of rate hikes. This is welcome relief for South Florida buyers who are actively looking at property to purchase. Its hard to say what rates will do in in the coming weeks and months, but active buyers may want to have that “lock” discussion with their trusted mortgage advisor.
Mortgage Rates Reach Lowest Levels in 8 Months
February 1st, 2024 Mortgage rates dropped again this week reaching the lowest rate we’ve seen since May of 2023. The 15 year fixed rate mortgage