Current takeaways:
- The mortgage rate roller coaster took a thrilling plunge last week, declining to its lowest level in nearly 15 months and dipping below 6.5% for the first time in 2024.
- Experts say the overall mortgage rate trend should continue as long as inflation and the economy keeps cooling. The general consensus is that rates in the low 6s are possible in the months ahead, it just depends on what happens with the economy and what the Federal Reserve decides to do moving forward.
- What’s the worst that could happen? Purchasing a home as an unrepresented buyer comes with a minefield of risks that most consumers don’t realize. A good Realtor will help you avoid some of the many pitfalls that buyers need to remember when considering buying a home without an expert on their team!
Check out the monthly Las Vegas real estate market numbers below and Call Me to talk through the current market trends!
