Reported 4 months ago
As the Federal Reserve begins its rate easing cycle, experts suggest that homeowners may soon have opportunities to refinance at lower rates. With mortgage rates decreasing, the lock-in effect that has kept many homeowners from listing their properties could finally break. It is a favorable moment for buyers and homeowners to leverage their equity and consult with mortgage professionals to secure advantageous rates, especially considering the significant number of homeowners who might not have refinanced yet due to previously lower rates.
Source: YAHOO