Mortgage Rates Drop: A Turning Point for Homebuyers?

Mortgage Rates Plunge! After hitting a three-year high, rates have fallen sharply to 6.35%, the steepest drop this year, sparking a surge in mortgage applications. Is this the turning point the housing market desperately needs, or just a temporary dip? Find out how this impacts affordability and what the Fed's next move could mean for homebuyers. Hosted on Acast. See acast.com/privacy for more information.