Mortgage rates in the industry are currently on a downward trend and there is speculation that they may decrease even further in the near future. The potential for further rate drops hinges on the outcome of the upcoming Federal Reserve meeting scheduled for next week.
Key points from the text include:
– Mortgage rates are currently declining
– There is a possibility of further rate decreases in the future
– The outcome of the next Federal Reserve meeting will impact future rate movements.
You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-decline-december-2024-fed-meeting-fannie-mae-optimal-blue-ice/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
