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https://fortune.com/2023/07/19/mortgage-rates-housing-market-affordability-borrower-refinance-speculation/
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Loan officer: I’m seeing middle class homebuyers take on $7,000 mortgages thinking they can ‘always refinance when rates come down in the future’ - Fortune
7/19/23 at 5:06pm
Organization
Fortune
Author
Lance Lambert
Details
57 words
Summarize
Loans
Business & Industrial
Loan officer
U.S.
The U.S. housing market firmed up this year. One reason being that buyers jumped in assuming they'll be able to refi to a lower rate in the near future.
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