What is going on with the mortgage rates

Didier Malagies • April 15, 2024


Rates are moving up now and several factors could be contributing to it, the 1 trillion dollars that the gov't is printing every 100 days could be inflationary. so what I see happening is there will have to be an event that happens to drop rates like we experienced in 2020. We will be paying 1.6 trillion in interest expense annually starting at the end of this year and are said to grow to 3 trillion annually next year. I say rates will have to come down in order for the Gov't to pay the interest expense, kicking the can down the road so to speak. We will have an opportunity to refinance the higher rate we have on our home and also refinance all the credit card debt, installment loans, car loans, and even student loan debt. The probability is great sometime down the road. Continue to watch the videos and when rates do make a significant drop will let my viewers know. Then it comes down to what is the cost vs the savings on a refinance. Opportunities will come just the timing not sure about.


tune in and learn https://www.ddamortgage.com/blog


didier malagies nmls#212566

dda mortgage nmls#324329


Ask a Mortgage Question

Use the form below and we will give your our expert answers!

203H Ask A Question


Start Your Loan with DDA today
Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews


Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

By DDA Mortage July 13, 2026
Learn how to qualify for a mortgage using your assets like stocks, savings, and retirement funds, even if traditional income doesn't work. Discover DDA Mortgage's solutions.
By DDA Mortage July 8, 2026
Understand the potential shift from FICO to VantageScore. Learn how it affects your credit score, mortgage rates, and qualification. DDA Mortgage explains.
By DDA Mortage July 6, 2026
Qualifying for a mortgage has changed. Learn how income/debt ratios, home prices, and interest rates impact your ability to buy a home today.
Show More