expect even go higher. People have locked interest rate and can re-fi 1-2 years with lower interest rate. There is no supply and huge demand. I might be wrong but thats what realtors are saying
> People have locked interest rate and can re-fi 1-2 years with lower interest rate.
Hmmm, that doesn't make sense. We don't know if rates will be lower in 1-2 two years, than they were in 2020-2021. People who financed mortgages during that time probably won't be interested in refinancing, since the rate will likely be higher.
Hmmm, that doesn't make sense. We don't know if rates will be lower in 1-2 two years, than they were in 2020-2021. People who financed mortgages during that time probably won't be interested in refinancing, since the rate will likely be higher.