HBA Realty

https://chicagobuyeragents.com/mortgage-rates-drop-to-the-5s-what-it-means-for-you/

Mortgage Rates Drop to the 5s: What It Means for You - The Home Buyer Agents of Chicago Mortgage rates have steadily declined over the past few months,with the 30-year mortgage rate falling by more than 1.0% sinceApril 2024, bringing rates to their lowest levels since February 2023.

See what market will do in 2024 and how your individual town or area is faring right now.

Its All About The Rates Baby: 2024 Chicago Housing Outlook - The Home Buyer Agents of Chicago Experts agree that the 2024 Chicago real estate market will improve if mortgage interest rates continue to fall. We would shift from a seller’s market to a more “balanced” market of 6-8 months of inventory. This will mean more sales, which are down a mind-boggling 37% from the pre-Covid years ...