Mortgages with Aubrey Borenstein Part 2

Welcome back to Real Talk Realty! Today, we're thrilled to have Aubrey from Mortgages with Aubrey Borenstein joining us once again. In this episode of Real Talk Realty, Aubrey from Mortgages with Aubrey Borenstein provides valuable insights into the mortgage market for 2024. Here's a summary of the key points discussed: Interest Rate Trends: Aubrey highlights the trend of rising interest rates in 2024. While rates remain historically low, the gradual uptick has influenced borrowing costs for buyers. This has had both a dampening effect on demand and served as a stabilizing force for the market. Impact on Purchasing Power: Aubrey emphasizes how interest rates directly impact purchasing power. Higher rates mean higher monthly mortgage payments, affecting the affordability of homes. Despite this, he notes that affordability remains within reach for  ...