Citadel Financial Planning

After an eye-popping few months for interest rates through September and October, we've finally seen mortgage rates drop back to the 7% level, the lowest since spring.

The Federal Reserve has indicated that they are done raising interest rates for this cycle, and hinted to cutting rates a few times through 2024.

We're hopeful this will help mortgage rates continue to fall through 2024, which will be a big relief for this stressed housing market.