Mortgage rates are projected to decline, but will that entice buyers?
Housing Wire
FEBRUARY 1, 2023
“Investors are betting that the economic slowdown and the Fed’s eventual victory over inflation will result in lower rates over time,” Fratantoni said. The Fed’s latest decision to raise rates at a slower pace could be an “incremental positive for mortgage markets as the long-term rates will continue to drop.” in February 2022.
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