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In Charleston, South Carolina, homebuyers contemplating a delay in purchasing should reconsider, as mortgage rates are expected to remain in the 6% range this year. Charlotte Lemon, a Realtor at Charleston Home, advises staying informed and consulting with a real estate expert to navigate these conditions effectively.
The Latest Mortgage Rate Forecasts
Some Highlights
- If you’re tempted to delay your move in hope that mortgage rates will come down, you may want to rethink that strategy based on the latest forecast.
- Experts say mortgage rates are projected to stay in the 6s this year. So don’t expect a big drop.
- If you want to talk about what this means for your move, connect with a real estate agent. As forecasts change, having an expert who can keep you updated is essential.
