Buying a home right now at these elevated prices makes absolutely zero sense with rates this high. You can smell the desperation of the agents any house you walk into.

As of today, December 4, 2024, the average mortgage interest rates are as follows:

30-year fixed-rate mortgage: 6.91%

15-year fixed-rate mortgage: 6.19%

5/1 Adjustable Rate Mortgage (ARM): 6.52%

https://www.bankrate.com/mortgages/todays-rates/mortgage-rates-for-tuesday-december-3-2024/