www.bloomberg.com
Mortgage rates have declined for the second consecutive week, reaching their lowest point since late October. This offers some relief to prospective homebuyers who have been facing affordability challenges due to higher rates in recent months. While the exact reasons for the dip aren’t specified, this trend could potentially stimulate activity in the housing market, attracting more buyers and sellers. The continued decline in rates will be closely watched to see if it sustains and leads to a significant shift in the market.
