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If borrower rates decrease during your rate lock period, you can "float down" to the lower interest rate. This feature usually comes with a fee that can range from 0.25% to 1% of your mortgage ...
When interest rates dip, mortgages become more affordable, making for a prime opportunity to invest in real estate. “Mortgage rates tend to drop after rate cuts, which can make it easier for ...
Rates were cut by a further 0.025% in November. Commercial real estate typically appreciates in value when interest rates drop because buyers can afford to pay more for assets at lower borrowing ...
There has been a bit of a confusion when it comes to buying a home in America right now: it appears that interest rates are cooling off, yet mortgage rates have gone up. If you had to do a double ...
Applications to refinance home loans increased 19% last week from the previous week—or 27% year over year—after mortgage rates dropped from a high of 8% in mid-October to less than 7%, the ...
“In my opinion, home prices won’t drop in the next 12 months and should interest rates drop, home prices will rise, creating a catch-22. Do not bank on home prices and interest rates to both ...