Mortgage rates are on the rise, gradually approaching the 6.5% mark, signaling a potential shift in the housing market. Additionally, new listing activity has experienced a slight increase in recent weeks, adding to the momentum. These developments are crucial for prospective homebuyers and industry professionals to monitor closely as they navigate the changing mortgage landscape.
Key points:
– Mortgage rates are moving towards 6.5%, indicating a potential shift in the housing market.
– New listing activity has shown a slight uptick in recent weeks, contributing to the market’s dynamics.
You can read this full article at: https://www.housingwire.com/articles/a-sub-7-mortgage-rate-brings-holiday-cheer/(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.
