Mortgage rates π fall as markets π calm down. According to Housingwire, over the weekend, fears in the economy π spiked mortgage rates to almost 8%.
In a remarkable turnaround π, yesterday, Monday morning, rates went back down to under 7%. As stated by Housingwire, "Letβs not forget that the housing data has been positive with rates hovering around 6.75% this year, reminding us that opportunity is always present if mortgage rates keep falling."
What are your thoughts on these changes? π€ Are you considering buying or refinancing your home with these fluctuating rates? Share your experiences or questions in the comments! π‘π¬
Here is a link to the full article. https://www.housingwire.com/articles/mortgage-rates-fall-as-markets-calm-down/?utm_campaign=Newsletter%20-%20LendingLife&utm_medium=email&_hsenc=p2ANqtz-9ghk9zsIPukTqksH-TE8jqhv4RKHcXeLy7GlLACX2yxVYacqGIVfmOPBIvTL21qQRtq36UzGPk7u0dYtWq8TTea9bTAm6YnBnnwRR6iPi57fnNfQs&_hsmi=356681085&utm_content=356681085&utm_source=hs_email?utm_campaign=ee85ca2f-0cf9-42a2-9d0d-63227a0da388&utm_source=friend
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