Positive developments for the economy in early November may not be so positive for anyone planning to get into the mortgage market.
The budget stand-off may already have caused harm to mortgage rates and the economy, which would particularly hurt refinancing opportunities.
The rising interest rate environment may have some silver linings for would-be home buyers.
After a sudden increase, mortgage rates have settled into a period of calm, but economic developments could soon spark another wave of changes.
The possibility of a long phase of rising mortgage rates means refinancing activity could slow considerably, but it won't completely stop.
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