Rates Continue To Fall Against A Backdrop of Rising Inflation and Weak Manufacturing

Mortgage rates continued their downward trend, declining another six basis points last week, according to the Freddie Mac Primary Mortgage Market Survey released September 4th. As mortgage rates continue to trend down, optimism increases for new buyers and current owners alike. As rates continue to drop, the number of homeowners who can refinance is expanding. […]

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh