Prospective borrowers with strong credit are taking advantage of historically low mortgage rates this week, as reported by loan officers and lending executives to HousingWire. This trend indicates a favorable environment for those looking to secure financing for a home purchase or refinance.

Key points:
– Borrowers with strong credit are securing mortgages at the lowest rates in over a year
– Loan officers and lending executives confirm the current favorable rate environment
– This presents an opportune time for individuals seeking to purchase a home or refinance their existing mortgage

You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-plummet-and-everything-has-suddenly-changed-for-now/(subscription required)

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