If mortgage rates fall by another percentage point, ICE Mortgage sees homebuyers’ monthly payment dropping by $236 and nearly 7.2 million homeowners “in the money” for a refinance.
Source: Inman News
Data points to another mortgage boom if rates continue to tumble
Published in economy, home price appreciation, ICE Mortgage, ICE Mortgage Monitor, loan servicing, Markets & Economy, Mortgage, mortgage rates, mortgage refinancing and Select
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