Declining Mortgage Rates Spark Renewed Interest from Buyers

Despite falling mortgage rates, the housing market has not shown significant improvement. However, a recent survey has identified a key tipping point that could potentially reignite the market’s activity.

Key points from the text:
– Mortgage rates have decreased but have not had a notable impact on the housing market.
– A survey suggests that a mortgage rate of around 5% could be the catalyst needed to boost housing market activity.

You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-falling-gets-buyer-swath-back-in-market/(subscription required)

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