April Hutchins

Loan Officer | NMLS: 2533210

Hello, November!

🍂 November is here, bringing crisp autumn days, cozy nights, and a time for reflection as we settle into the season. Just as the leaves change, mortgage rates are shifting too—bringing new opportunities! Whether you’re looking to buy, refinance, or explore your options, November’s mortgage rate forecast offers a chance to plan ahead and make informed decisions with confidence.

✔️ Homebuyers: Mortgage rates are expected to ease, hovering between 6.0% and 7.0%. Though prices remain high, buyers will get a bit of relief as we move into 2025.


Pro Tip: Keep an eye on inventory, as more listings may surface, offering more options and less competition.


✔️ Sellers: Competition from builders is growing, especially in the affordable housing market. If rates drop, demand from buyers will increase—timing will be everything!


✔️ Landlords: Renters are staying strong in the market, especially Millennials and Gen Z. Multifamily rents may dip slightly, but single-family rentals will stay solid with long-term tenants.


✔️ Investors: Multifamily properties are looking appealing as rents stabilize, and single-family rentals continue to perform well for long-term leases. Explore both options as rates hold steady!


–> Looking to buy in 2024 or 2025? Don’t go broke trying! Comment GUIDE and I’ll send you an invite to a free session where we’ll go over how to tackle today’s market and avoid costly mistakes!


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Follow → @april.hutchins22 for your daily mortgage tips!


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Co NLMS #243567


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April Hutchins picture
April Hutchins picture

April Hutchins

Loan Officer

Home Mortgage Solutions Inc | NMLS: 2533210

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