The ‘Magic’ Mortgage Rate: Potential Key to Reviving Frozen Housing Market
Mortgage rates are expected to fall to the crucial 5% range by year-end, boosting housing market optimism. Experts believe a 5% mortgage rate could be the “magic number” to revive the housing market as borrowing costs fall. Higher borrowing costs and rising property values had slowed home sales, but lower mortgage rates might defrost the … Read more