๐The Rates are Falling! The Rates are Falling!๐
/We have some great news to share that is helping to end a challenging year on a high note: as of Wednesday evening, mortgage rates *finally* dropped below 7%! Rates have steadily declined for a few months, but this latest drop will significantly improve affordability and lower monthly payments.
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As the Baby Boomer generation gracefully ages, their housing decisions are poised to shape the real estate landscape for years to come. With the youngest Boomers hitting 60 this year, and older Boomers reaching their golden years, the lifestyle choices of this generation will have a massive impact on the U.S. economy and the housing market.