2 Trends Home Buyers Should Watch in August
It can pay to keep tabs on trends in the mortgage industry and the housing market. Although mortgage rates are above the record lows they reached during the heart of the pandemic, they have been trending down in recent weeks, and economists believe this trend may continue or even accelerate in the coming months as a result of new COVID-19 variants. Home buyers can benefit from a decline in mortgage rates, as lower interest costs make home purchases more affordable.
