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Mortgage rates are plunging. Here’s the ‘smartest play’ that house hunters can make now.

MarketWatch
Summary
Nutrition label

70% Informative

The 30-year fixed-rate mortgage rate dropped 20 basis points in 2 days .

Experts say it's a "window of opportunity for anyone actively in the market" to take advantage of this window of opportunity.

The future for mortgage rates depends on whether the inflationary or recessionary effects of tariffs dominate, one expert says.

Some cities offer assistance in the form of a second mortgage to home buyers who earn below a certain income level.

In Memphis , the program provides assistance of up to $25,000 to help buyers who qualify under certain criteria, which include where they buy, how much they buy a house for and how long they live in it.

VR Score

78

Informative language

81

Neutral language

58

Article tone

semi-formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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