Real Estate

Low mortgage rates may drive home purchase lending to 14-year high

The recent drop in mortgage interest rates is already having an impact on overall mortgage demand as well as the demand for refinances, but just how much could the return of low interest rates impact the market? Quite a bit, according to new data from iEmergent. In fact, iEmergent is projecting a 14-year high in purchase lending.

from Real Estate
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