Greg Hahn

Greg Hahn REALTORĀ® 612-280-2311

MENUMENU
  • Home
  • Listings
  • Resources
    • Sellers
    • Buyers
  • News
  • About
  • Contact

Mortgage Rates Fall Below Three Percent

July 16, 2020 by Greg Hahn

July 16, 2020
Mortgage rates fell below 3 percent for the first time in 50 years. The drop has led to increased homebuyer demand and, these low rates have been capitalized into asset prices in support of the financial markets. However, the countervailing force for the economy has been the rise in new virus cases which has caused the economic recovery to stagnate, and this economic pause puts many temporary layoffs at risk of ossifying into permanent job losses.

Information provided by Freddie Mac.

Filed Under: Interest Rates

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Schools
  • Area Links

Realtor & Housing
Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.


Copyright © 2023 | Limelight Marketing Systems