Lower mortgage rates attracting more homebuyers
Housing Wire
SEPTEMBER 15, 2024
An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s review the data together. Purchase application data First, purchase apps is the fastest way to look for positive or negative data at higher or lower mortgage rates.
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