"Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor.
They’re right to worry: In October, rates hit a 23-year high of 7.79% for a 30-year fixed loan, according to Freddie Mac.
Since then, rates have come down to the high 6% range. The Realtor.com® 2024 forecast predicts they might dip further to 6.5% by year’s end."
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