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.

by

https://twitter.com/JadedApe420/status/1864109863993004093

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/

 

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