Big Island Mortgage Update and Predictions- November 2024

What happened after the election to mortgage rates and the future of rates into 2025?

Travis Green from Guild Mortgage breaks down the latest mortgage trends and what’s shaping the housing market post-election. 🏡✨
In this video, we cover:
✅ Current mortgage rates (7% on average)
✅ Why mortgage rates aren’t following Fed rate cuts
✅ Key factors influencing rates, like national debt and tariffs
✅ Tips for buyers navigating higher rates
✅ Predictions for 2024 housing and mortgage trends
🎯 Key Insights:
* Mortgage rates have risen from ~6% to 7% since September.
* Economic policies and bond market concerns are keeping rates high.
* Buyers have opportunities in a quieter holiday market—learn how to act strategically.
🔗 For more insights and resources, visit 365HawaiiLiving.com.
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Julie Ziemelis | RS-85062
REAL Broker
Julie@Ziemelis.com
808-333-1004
www.365hawaiiliving.com

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#MortgageUpdate #HawaiiRealEstate #BigIslandLiving #HomeBuyingTips #PostElectionMarket

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