Here’s Why Mortgage Rates Are Falling (It’s Not What You Think!)

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate dipped to 6.33% from 6.49% last week. A year ago the average rate was 3.1%. So what gives? Are rates going to just keep going down now even as the FED raises rates?

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Articles Mentioned in the Video

https://www.floridarealtors.org/news-media/news-articles/2022/12/mortgage-rates-fell-4th-straight-week-633
https://www.floridarealtors.org/news-media/news-articles/2022/12/florida-legislature-could-target-attorney-fees
https://www.floridarealtors.org/news-media/news-articles/2022/12/will-underwater-loans-make-comeback

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