- Housing News
- June 13, 2024
Buying a Home Could Be More Affordable This Summer as Mortgage Rates Dip
It may become a little more affordable to purchase a home this summer. Here's the latest on what interest rates are doing and what it means for you.
Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.
It may become a little more affordable to purchase a home this summer. Here's the latest on what interest rates are doing and what it means for you.
Across the country, all-cash buyers purchased about 28% of homes in April, according to the National Association of Realtors.