Greg Hahn

Greg Hahn REALTOR® 612-280-2311

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Little Change in Mortgage Rates

February 20, 2020 by Greg Hahn

February 20, 2020
The low mortgage rate environment continues to spur homebuying activity, with applications to purchase a home up fifteen percent from a year ago. We’ve seen new residential construction surge over the last few months, on pace to reach the highest level in more than a decade. This is a good sign for the inventory-starved housing market and is a promising indication for the spring homebuying season.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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