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Updated about 1 year ago,
Mortgage rates should drop below 7% as housing demand picks up!
We have already seen 4 positive weeks on purchase apps with rates above 7%
Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024.
Check out the link below!
https://www.housingwire.com/articles/mortgage-rates-should-d...