en
Mortgage rates fall
/ˈmɔːrɡɪdʒ reɪts fɔːl/
Definition
1
A financial phrase indicating a decline in interest rates charged on home loans, often signaling improved affordability for prospective homebuyers amid shifting economic conditions.
2
A common headline or market update in real estate news, reflecting central bank policies or economic trends that lower borrowing costs for mortgages.
Examples
Mortgage rates fall, turning weekend scrollers into serious house hunters overnight.
When mortgage rates fall, even the couch potatoes start sketching floor plans.
Experts say mortgage rates fall could spark a mini housing frenzy among millennials.
Mortgage rates fall, and suddenly your side hustle feels like a down payment accelerator.