U.S. Mortgage Market Rebounds
A very interesting article from Forbes.com yesterday outlined how the U.S. mortgage industry is showing signs of live and recovery as a result of some of the lowest mortgage rates on record.
Quicken Loans Chief Economist Bob Walters was quoted in the article saying the Fed rate cut and resulting lower interest rates is quite a “boon” for those who are able – translate: have enough equity in their homes – to refinance.
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