First American’s chief economist emphasized the downside of plummeting mortgage rates. “Why move when you can lock in at less than 3 percent in a time like this?”
Source: Inman News
Could mortgage rates under 3% be bad for the housing market?
Published in 30 year fixed-rate, first american, home prices, inventory, mark fleming, Markets & Economy, Mortgage, mortgage rate, News Brief, Select and Yahoo! Finance
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