12/15/2023
“But here's a milestone that can only be claimed by the present rate rally: Rates have dropped more in this 45 day window than in any other 45 day window we've measured.. (since 2007)” - Matthew Graham of MND
What do you think of the big drop in mortgage rates? Sign of more things to come or just a temporary correction? Let me know what you think!
Full Article:
Today's headline speaks for itself: one of the biggest 2-day drops in rates in decades. Simply put, over the past 48 hours, mortgage rates have moved lower by a larger amount than almost any other time in our records. There was a similar episode in November 2022 and only one other epis...