Zero-down mortgages allow homebuyers to finance 100% of a home's purchase price without a down…
Magic Mortgage Rate Revives Housing: Is It Under 6%? | #CityFirstMortgage
Experts believe the “magic mortgage rate” below 5.5% is necessary to boost home selling activity.
Only 13% of homeowners would accept a rate between 6.5% and 6.99%, while 47% prefer 5.0%-5.5%.