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We will help you qualify, apply, and be approved for the ideal mortgage that supports you in maintaining a successful home ownership as part of broader financial well-being.
For the third straight week, mortgage rates trended down, as new data indicates that inflationary pressures are receding. The combination of continued economic strength, lower inflation and lower mortgage rates should likely bring more potential homebuyers into the market.
While sentiment has fallen for the fourth consecutive month, recent macroeconomic data suggests improving conditions for home construction in the coming months. The index's components, including current sales conditions, sales expectations, and buyer traffic, all experienced declines. Builders cutting prices rose to 36%, the highest in this cycle, indicating efforts to attract buyers. NAHB anticipates a 5% increase in single-family starts in 2024, expecting improved conditions as inflation data improves.
Please visit Freddie Mac for more information