2024 Lender Thoughts

2024 Lender Thoughts

We asked Bill Duff, trusted lending partner, his thoughts headed into 2024 on rates, lending and homebuying: 

"If 2023 was the year of rising interest rates, we expect 2024 to be the year of falling interest rates…but I encourage buyers to temper their expectations about how far, and how fast, we will see rates fall.  One thing is for sure, a decreasing rate environment will certainly add more buyers to the market.  Whether lower rates will lead to more inventory is uncertain, but I go back to something I tell buyers every time I prequalify them: in this market if a house is worth buying, you’re likely not the only one trying to buy it.  In 2024 it will be more important than ever to talk strategically with your lender about financing strategies and be prepared to move quickly when the right house comes along.  Be certain about your pre approval, and be ready when the right one comes along.  You’ll be glad you did!"

And that's why we love working with Bill! He meets with homebuyers upfront to discuss expectations. Beyond that, when you find the right home, he's always there to walk you through the numbers prior to the offer so there are never any surprises. If you're looking to buy (or refi!) in 2024, we highly recommend a phone call with Bill - his information is listed below!


Bill Duff, IV | Mortgage Banker

NMLS # 412444

First Citizens Bank

919.906.7866 Mobile

919.716.8393 Office

[email protected]


2024 Lender Thoughts

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Whether you're a first time homebuyer or an experienced seller looking to downsize now that you've got an empty nest, we're here to help make the transition as smooth as possible

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