Mortgage rates have increased for prospective buyers, according to recent data. As interest rates rise, it may become more challenging for individuals to purchase homes or refinance existing mortgages. Experts predict that the housing market will continue to be affected by these changes in 2024.

Source: https://www.cnet.com/personal-finance/mortgages/mortgage-rates-increase-for-prospective-buyers-mortgage-interest-rates-today-for-oct-24-2024/#ftag=CAD590a51e