Jason Ruedy expects mortgage rates for homeowners to drop after the new administration's inauguration on January 20th
Jason Ruedy Says Homeowners Anticipate Lower Mortgage Rates with New Administration Taking Office on January 20th
With the current economic climate and the impact of the COVID-19 pandemic, many are hopeful that the new administration will bring about positive changes in the housing market.
One expert in the field, Jason Ruedy, has shared his insights on the potential for lower mortgage rates in the coming months. Ruedy, a top mortgage broker in Denver, CO and founder of The Home Loan Arranger, believes that we could see a significant drop in mortgage rates as early as spring 2025.
He also predicts that 30-year fixed conventional mortgage rates could potentially reach the high 4's or low 5's, providing much-needed relief for homeowners.
According to Ruedy, lower mortgage rates would not only benefit current homeowners looking to refinance, but also those looking to purchase a new home. With lower rates, homeowners would have the opportunity to secure a lower monthly payment and potentially save thousands of dollars over the life of their loan. With the cost of living at an all time high, this could very beneficial.
Ruedy also believes that lower mortgage rates would have a positive impact on the overall housing market, potentially leading to an increase in home sales and a boost to the economy.
He encourages homeowners to keep an eye on the market and take advantage of any potential rate drops in the coming months.
With the new administration taking office in just a few weeks, homeowners are hopeful that their expectations for lower mortgage rates will be met. As the housing market continues to navigate through uncertain times, the potential for lower rates could provide much-needed relief for homeowners across the country.
For more information on Jason Ruedy visit - www.jasonruedy.com
JASON RUEDY
THE HOME LOAN ARRANGER
+1 303-862-4742
email us here
Visit us on social media:
Facebook
X
LinkedIn
Instagram
Other
Distribution channels: Banking, Finance & Investment Industry, Business & Economy, Insurance Industry, Media, Advertising & PR, Real Estate & Property Management
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release