Episode Details
Back to EpisodesMortgage 101 - Interest Rate Cuts in 2024
Season 6
Episode 40
Published 1 year, 6 months ago
Description
Clinton Wilkins reflects on this year's discussions of the impact of interest rate cuts on consumers, noting that rates have declined by 0.25% and are predicted to reduce further by 125 to 175 basis points by the end of next year. This could potentially bring prime rates to around 4%. Clinton also highlights the importance of being organized and prepared for real estate transactions, emphasizing the need for flexibility and the right professionals.