Mortgage Applications Soared This Week—But Why?
Summary
Mortgage rates have recently dropped to their lowest since October of 2024, leading to a spike in mortgage applications. This trend presents a closing window of opportunity for investors to secure favorable property deals due to lower competition. The key is to identify and target properties with high days on the market, suggesting sellers who are more likely to negotiate and offer better deals.
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Curated by Learn STR by GoStudioM