HousingWire sat down with AIME Chairman Anthony Casa to discuss how brokers provide homebuyers with year-round low rates.
Q. Is there any connection between the recent drop in mortgage interest rates and spring home-buying season?
A. The idea that seasonality impacts mortgage rates is a misconception. The only reason we refer to spring as home-buying season is that more homes go on the market and more people start shopping as the weather gets better. Now, with the recent rate drop, we’re expecting this to be a particularly busy home-buying season — but the truth is, mortgage brokers offer lower rates and increased buying power twelve months out of the year. For us, it’s always home-buying season!
April 29, 2019 Alyssa Stringer