Average rates on 30-year fixed-rate mortgages reached their lowest levels in more than 50 years this week. Brokers were quoting rates as low as 4.25% on 30-year loans on Thursday for well-qualified borrowers. But if rates are so low, why isn’t demand for new loans picking up?
Mortgage rates set new record, so why is demand weak?
Most Popular Articles
Latest Articles
Legacy Group Capital acquires home equity investment fintech Rook Capital
Legacy Group Capital is acquiring home equity investment fintech Rook Capital, recognizing potential value in the burgeoning HEI space.
