Real Estate Blog

 [In a recent press release](https://www.fanniemae.com/newsroom/fannie-mae-news/mortgage-rates-expected-dip-below-6-percent-2024-boosting-home-sales), government-backed corporation Fannie Mae shared their expectation that mortgage rates will drop below 6% in 2024 and the rate environment will be a more balanced one this year instead of the oscillations buyers have come to expect more recently. With this announcement, a Fannie Mae [survey](https://money.com/mortgage-rate-optimism-record-high/) also reported that buyers' optimism levels are the highest they've been in two years. If you're waiting for rates to come down to make your move, it will be too late by then. Every buyer is taking this approach and by the time this shift happens, the competition in the homebuying market will only increase - and prices will skyrocket along with it. Now is the time to buy! At the end of the day, you're buying a home, not a rate. Lock in your dream home when there is less competition, and refinance later. Thinking of buying in 2024? With the Super Bowl over, we are now in the very early days of the spring market so the time to strategize is now - [contact me](mailto:[email protected]) to get started! Posted by [David Green](https://www.thedavidgreengroup.com/blog/author/david-green/) on February 12th, 2024 Enjoy this blog post? Click here to subscribe for updates [Facebook Share this post on Facebook](https://www.thedavidgreengroup.com/blog/fannie-mae-predicts-rates-to-drop-below-6-in-2024.html# "Share this post on Facebook") Twitter Tweet this post on Twitter [Email Send a link to post via Email](mailto:?subject=Fannie%20Mae%20predicts%20rates%20to%20drop%20below%206%25%20in%202024&body=I%20was%20looking%20at%20https%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2F%20and%20I%20thought%20you%20would%20like%20to%20look%20at%20this%20blog%20entry%3A%0D%0Ahttps%3A%2F%2Fwww.thedavidgreengroup.com%2Fblog%2Ffannie-mae-predicts-rates-to-drop-below-6-in-2024.html "Send a link to post via Email")[](https://www.thedavidgreengroup.com/blog/fannie-mae-predicts-rates-to-drop-below-6-in-2024/print.html "Opens new window with print ready page") ### Leave A Comment Leave text box empty Full Name\- required Email Address\- required Website Link e.g. yourwebsitename.com Comment\- required Submit Comment Please note that your email address is kept private upon posting. Message us ··· Chatra DG  David Green AS  Alexandra Salmon Ask us anything – we’ll get back to you here or by email. [We run on Chatra](https://chatra.com/?utm_source=logo_f&utm_campaign=US_www.thedavidgreengroup.com&utm_medium=selfie_en_get) reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) - [Terms](https://www.google.com/intl/en/policies/terms/)