In the mortgage industry, experts are predicting a potential decrease in mortgage rates in the near future. This anticipated decline has sparked discussions among industry professionals about the implications for homeowners and the market as a whole. One major point of focus is the expectation that once mortgage rates drop below 5%, there will likely be a surge in refinancing activity:
– Many experts are forecasting a decrease in mortgage rates in the coming months
– Industry professionals are contemplating the impact of lower rates on homeowners and the overall market
– The potential for rates to fall below 5% has raised speculation about an increase in refinancing activity.
You can read this full article at: https://www.housingwire.com/articles/opinion-how-to-win-the-coming-mortgage-refi-race/(subscription required)
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