Mortgage Rates at 2025 Lows: Impact on Housing Demand and Refinancing

1 min read
Source: CNN
Mortgage Rates at 2025 Lows: Impact on Housing Demand and Refinancing
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TL;DR

Mortgage rates in the US have fallen to 6.19%, the lowest in over a year, potentially boosting homebuyer activity as home prices soften and affordability improves, with experts expecting rates to stay within the 6-7% range amid signs of economic slowdown.

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