Mortgage rates have begun to slide downward, triggering increased activity in the housing finance market as borrowers seek to capitalize on more favorable lending conditions. The rate decrease is having a dual effect: prompting existing homeowners to refinance their mortgages while simultaneously driving up interest in adjustable-rate mortgage (ARM) products. The recent shift marks a […] The post Mortgage Rate Decline Spurs Refinancing and Adjustable-Rate Loan Demand appeared first on Due.
