Mortgage Rates Near 6% Are Enough to Start Up a Refinancing Wave

Bloomberg News, Oct. 3, 2024-Prashant Gopal and Alexandra Tanzi
Jim Horgan has had a rough couple of years. As elevated interest rates created the worst housing market for sales in nearly three decades, the suburban Boston mortgage branch manager had seen his team of loan officers dwindle from eight to one, and getting customers was a slog.
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