I know a lot of people that bought homes with hard to afford high payments on the premise of "refinancing once rates
drop."
It'll be interesting to see how much of an effect there is on the market once a lot of these people can't make it work anyone and have to sell because rates aren't dropping.
This message has been modified
Originally posted on Jan 6, 2025 at 3:35:58pm
Message modified by RdF3 on Jan 6, 2025 at 3:36:18pm
Message modified by RdF3 on Jan 6, 2025 at 3:36:35pm