Despite recent decreases in mortgage rates, the housing market is still facing challenges due to affordability issues. This has resulted in a slowdown in homebuyer activity, as many potential buyers are finding it difficult to afford the cost of purchasing a home.
Key points:
– Mortgage rates have decreased in recent months.
– Affordability constraints are still a major issue in the housing market.
– Homebuyer activity has been hampered by these affordability challenges.
– Many potential buyers are struggling to afford the cost of purchasing a home.
You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-continue-their-descent-toward-7/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
