Mortgage Rates Fall for the Third Consecutive Week
February 6, 2020
As rates fell for the third consecutive week, markets staged a rebound with increases in manufacturing and service sector activity. The combination of very low mortgage rates, a strong economy and more positive financial market sentiment all point to home purchase demand continuing to rise over the next few months.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Mortgage Rates Continue to Drop
January 30, 2020
This week’s mortgage rates were the second lowest in three years, supporting homebuyer demand and leading to higher refinancing activity. Borrowers who take advantage of these low rates can improve their cash flow by lowering their monthly mortgage payments, giving them more money to spend or save.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Mortgage Rates Drop to Lowest Level in Three Months
January 23, 2020
Rates fell to the lowest level in three months and are about a quarter point above all-time lows. The very low rate environment has clearly had an impact on the housing market as both new construction and home sales have surged in response to the decline in rates, the rebound in the economy and improving financial market sentiment.
Information provided by Freddie Mac.






