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Podcast: The Tom Toole Sales Group Podcast
Episode: Mortgage Predictions for the Second Half of 2023 - Tom's Take 330
Description: ⬇️ Check out Mortgage America's three predictions for financing in the second half of 2023:
📈 Expect two more federal rate hikes by the end of the year.
❌ Don't count on rate decreases from the Fed.
☀️ Speculation suggests rates may start to go down by summer next year due to a presidential election.
Stability is crucial for buyers, as it encourages sellers to enter the market and may lead to a slight reduction in consumer rates. 👏 To navigate these predictions, plan ahead, get pre-approved, and consult professionals.
Consider seasonality in the housing market and take advantage of potential opportunities with less competition in summer and fall.