The report says “… the spike in mortgage rates has slashed the population of refinanceable borrowers from 8.3 million immediately prior to the election to less than 4 million, matching a 24-month low set back in July 2015.
The Feds plan to increase interest rates and to get back to “normal” is going to maybe kill mortgage refinances. Trump will overheat the economy and the Fed will continue to raise interest rates. Yes, Alice … interest rates are increasing.
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