As a ‘higher-for-longer’ rate scenario unfolds, how is the mortgage industry adapting?
Housing Wire
APRIL 15, 2024
If this scenario unfolds, analysts and executives will be ready to update their baseline expectations for 2024, including fewer refinance and purchase loans than previously forecast. At HousingWire’s Mortgage Rates Center , rates for conventional loans were 7.21% as of April 15. Last week, the U.S. in March compared to a year earlier.
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