"Would-be homebuyers are likely going to get a much more attractive rate today than they would have just a few short months ago," said Jacob Channel.
"I've been in the business 30 years and I've never seen 2.5% to 3% in my lifetime, other than during the pandemic," said Dottie Herman.
"Anytime you get into any loan, you need to be aware of the positives and also the potential risks that you may assume with that," said Melissa Cohn.
Such 'relativity bias' can stand in the way of opportunity, she added. 'I bought a house when [the mortgage rate] was 15% and then I refinanced.'
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