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2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

“It also appears that mortgage rates are now falling again. They will almost certainly not fall to pandemic lows, although we may soon see rates under 6.0 percent, which would be low by pre-Great Recession standards.”

You May Not Feel as Locked-In to Your Current Mortgage Rate

We might be at peak “lock-in effect.” Some move-up or lifestyle sellers might be coming to terms with the fact 3% and 4% mortgage rates aren’t returning anytime soon.”

More Buyers Will Be Coming to the Market

Bottom Line

Brick & Corbett Team

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