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The Start of a Housing Market Comeback! | 1-Minute Market Update w/ Martin
Manage episode 433348308 series 2798833
Nội dung được cung cấp bởi Martin Perdomo "The Elite Strategist". Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Martin Perdomo "The Elite Strategist" hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.
The week, we dive deep into the recent drop of the 30-year fixed mortgage rate to 6.55%, its lowest point since May 2023. This significant decline has ignited hope for a potential housing market revival. We explore how lower rates impact homebuyers and homeowners, discussing the pros and cons of refinancing. While increased purchasing power is a boon for buyers, high home prices continue to be a major hurdle.
We also examine the challenges facing the housing market, including limited inventory and homeowner reluctance to sell. Join us as we analyze whether this rate drop is a game-changer or just a temporary reprieve.
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