Freddie Mac recently released its U.S. Economic and Housing Market Outlook for February showing that despite the Federal Reserve’s taper activity, long-term rates have eased over the past month, providing a chance for some borrowers who are holding older mortgages an opportunity to refinance. “It appears mortgage rates may have given the market a reprieve for a month or so and provided some borrowers another chance at refinancing, especially those folks …Read More >
Freddie Mac recently released its U.S. Economic and Housing Market Outlook for February showing that despite the Federal Reserve’s taper activity, long-term rates have eased over the past month, providing a chance for some borrowers who are holding older mortgages an opportunity to refinance. “It appears mortgage rates may have given the market a reprieve for a month or so and provided some borrowers another chance at refinancing, especially those folks …