A balanced scale with the magic mortgage rate percentage on one side and a new home on the other side.

The Magic Mortgage Rate

Changing mortgage rates have significantly impacted homebuying demand over the past 15 months, showing a cyclical relationship between mortgage rates and sales trends. Historically, the ebb and flow of these rates have been tied to broader economic forces, from inflation to national fiscal policies. But what exact rate sparks significant behavioral change among potential homebuyers? […]

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