Market sentiment index (MMI) fell slightly to 4.16% in June, with expectations of continuing to trade at high levels in the third quarter
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According to the latest data, the Mortgage Margin Index (MMI) for June slightly decreased to 4.16%. It is expected that after the Federal Reserve may start cutting interest rates in September, HIBOR will fall below 4%, but the MMI will remain at a high level. In June, 95% of new customers chose the H plan, and HIBOR continued to approach the ceiling. With the US CPI dropping to 2.9% and major central banks around the world cutting interest rates, the market holds a cautious and optimistic view on the future interest rate trends
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