Mortgage rates continue to remain below 7% this week, which is a positive indicator for the housing industry as we approach the start of the new year. This stability in rates provides a sense of relief and optimism for potential homebuyers and existing homeowners looking to refinance. It also signifies a favorable environment for the housing market as we anticipate the upcoming celebrations and festivities of the approaching year.

Key points:
– Mortgage rates remain below 7% this week, offering reassurance for the housing industry.
– The stability in rates brings relief to both prospective homebuyers and existing homeowners looking to refinance.
– The favorable environment supports a positive outlook for the housing market as we head towards the new year.

You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-continue-a-downward-trend-in-the-twilight-of-2023/(subscription required)

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