#1 Home Buying Mistake in 2024

Think mortgage rates dropped when the Fed lowered their rates? Think again! Surprisingly, mortgage rates actually went up after the Fed’s recent announcement. While rates have still decreased over the past 6 months, from 7.5% to around 6.15%, making homeownership more affordable, many are wondering why rates didn’t drop further after the Fed's move. In this video, we’ll dive into the reasons behind this trend, how the Fed’s actions impact mortgage rates, and what this means for homebuyers. Stay informed and subscribe for the latest updates on the housing market! Want to have a friendly no pressure conversation about your specific real estate related questions? Schedule a 15 minute discover call with me by clicking here: https://calendly.com/joshalexanderrealestate/over-the-phone-informational-session Sign up for my weekly Orange County housing market newsletter: https://qrco.de/bejbFq Josh Alexander THE brokeredge [e-mail] 714.366.2186 DRE#:01974435 ------------------------------------------Buyer Resources-------------------------------------------------- FREE Guide: How to Budget for a home - https://vid.us/70npzs Free Guide: Thinking of buying a home, want to know the process and costs involved? - http://vid.us/kk81kx