Rilian Ball

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How Economic Trends Influence Mortgage Lending

June 26, 2024 by Rilian Ball

As a consumer, understanding these economic trends can empower you to make informed decisions about your mortgage. Let’s discuss some key economic factors that influence mortgage lending and what they mean for you. Interest Rates: The Pulse of Mortgage Lending Interest rates are perhaps the most significant economic indicator affecting mortgage lending. When the Federal Reserve adjusts its benchmark interest rate, it directly impacts the rates banks offer on mortgages. Low-Interest Rates: … [Read more...]

Filed Under: Mortgage Rates Tagged With: Housing Market, Mortgage Lending, Mortgage Rates

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Rilian Ball


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Rilian Ball
NMLS # 202687

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