The Rise and Fall of Interest Rates

Interest rates have always fluctuated, but on average have hovered in the 5-10% range for the past three decades. And industry experts believe rates will potentially fall to the low 6 percent range by the end of 2024.

I hope this helps bring some perspective if you’re contemplating buying or selling your home. Remember: If rates drop, you can't go back in time and purchase your dream home, but you can always refinance that dream home when rates drop.