In this Article...

Mortgage rates are forecasted to remain in the 6% range this year, challenging home buyers in Savannah and surrounding areas to navigate a stable yet high-interest environment. EBRSavannah, dedicated to assisting home buyers, emphasizes the importance of staying informed amid these market conditions.

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.