Mortgage Matters - Winter 2024

Steph Noble

Loan Officer, Cross Country Mortgage

(503) 780-4924
steph@myccmortgage.com

Let’s talk resolutions – Real Estate Resolutions! I’m excited to say that 2024 is a unique year in real estate, primarily due to decreasing interest rates. This shift is creating unprecedented opportunities for buyers and sellers alike. For buyers, the current trend of lowering rates brings much-needed predictability. This stability provides the ability to plan your mortgage and home-buying without worrying about sudden rate hikes. If you’ve been waiting to enter the market, now’s the time, as further rate drops are expected by the Fed. 

Sellers, this is your moment too. Steady rates are likely to boost buyer confidence, increasing demand for homes. With a significant housing shortage, particularly in Oregon and Washington, selling your home in 2024 could be highly advantageous. Selling now not only capitalizes on the current demand but also positions you to take advantage of the favorable interest rates when buying your next home. 

This year, understanding interest rate trends is key, whether you’re buying, selling, or just monitoring the market. Now is the time to act. I’m here to support your 2024 real estate goals and answer any questions you have about navigating this exciting time. Happy New Year!