How Will Lower Rates Impact Mortgages and Housing? | your*realtor

Interest Rate U-turn

– Rates rose since March 2022
– Recently ↓ 0.25%
– Borrowers to pay ↓, savers earn ↓
Savings Rates:

– Prepare for ↓ rates
– Factors: overnight rate, market, competition
– Rates ~4%, likely to ↓