May 18, 2024
Mortgage

Real estate mogul Barbara Corcoran predicts interest rate cut could create a surge in home prices

If you’re thinking of buying a home, there’s no day like today to make the move, says Barbara Corcoran. The rate on the benchmark 30-year fixed mortgage declined slightly to 6.79% last week, well below October’s peak of 7.79%, according to Freddie Mac. For homebuyers, the prospect of waiting for lower borrowing cost might seem

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