"Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023. Rates continue to soften due to incoming economic data that is more sedate."
"Whether it's self-made real estate millionaire Barbara Corcoran or Mat Ishbia from United Wholesale Mortgage, they all seem to agree on one thing: once mortgage rates fall to 6% or less, anyone waiting on the sidelines will reenter the housing world."
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