Nov. 23, 2023
TPP558: Mortgage Market: Update and 2024 Predictions
Trying to wrap your head around the mortgage market is no easy feat right now, so we’re joined by a mortgage expert - Kelly Rule - who breaks down what’s happening right now and what she predicts for 2024.
- (0:52) News story of the week
- (2:50) What’s going on in the mortgage market?
- (4:24) How is this affecting products?
- (4:52) Is there more activity in the market right now?
- (5:16) Are lenders making it easy to borrow?
- (5:40) What kind of rates can we expect right now?
- (6:59) Are we going to keep seeing high product fees?
- (7:38) Should you get a 2-year or 5-year fix?
- (8:07) Are there any products you should be looking out for?
- (10:34) What’s going to happen with the base rate in 2024?
- (11:35) Any mortgage trends on the horizon for 2024?
- (12:50) Will more people will switch to variable rates next year?
- (13:30) Will 2024 be a better year for mortgages?
- (15:07) Hub Extra
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