6% mortgage rates are back (for select borrowers)
Housing Wire
DECEMBER 11, 2023
When rates go down by a point, people sit on the sidelines because the consumers and the sellers want to know what the market is going to be when they sell the house. Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. in 2024, followed by 5.5%
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