Will They Or Won't They? Low Rates Put Sellers In a Mortgage Maze As 30-Year Fixed Mortgage Plunges To 6.47% – The Lowest In Over A Year – Benzinga

The current housing market has left sellers wondering whether or not they should take the plunge due to the low mortgage rates available. The 30-year fixed mortgage rate has dropped to 6.47%, the lowest it has been in over a year. This has put sellers in a bit of a maze as they try to navigate the best course of action for their situation. With rates this low, many sellers are considering putting their homes on the market, while others are holding off to see if rates will drop even further. It’s a challenging decision to make, but ultimately sellers will need to weigh the pros and cons and decide what is best for them in the current market.

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