What mortgage-rate trends mean for buyers
02/01/2017 | Author: Editorial Staff
Anyone who's purchased a home in the past few years has been able to benefit from historically low mortgage interest rates, but your future clients may not be able to count on the same going forward.
Consumer finance website NerdWallet reported recently that the multiyear trend toward lower mortgage rates is likely over. Mortgage rates aren't going to jump overnight, but they're likely headed on a steady upward trajectory.
If you have clients who are seriously looking to buy a home, the long-term outlook for mortgage rates might be one reason for them to make a decision sooner than later.
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