In the upcoming months, the mortgage industry is projected to experience a shift in market dynamics, with key factors driving this change outlined below:
– Inflation in the United States is on a consistent downward trend, attributed to the impact of the Federal Reserve’s interest rate hikes which have resulted in higher mortgage rates.
– The current era of high mortgage rates is expected to come to an end, leading to an anticipated increase in mortgage lending activity and a rise in RMBS issuance in the first half of 2025.
Industry experts are closely monitoring these developments and preparing for the potential implications on the mortgage market as it gears up for a period of change in the coming months. Stay tuned for further updates as the situation continues to evolve.
You can read this full article at: https://www.housingwire.com/articles/now-that-interest-rates-are-going-down-heres-what-to-expect-for-the-rest-of-the-year/(subscription required)
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