Greg Hahn

Greg Hahn REALTORĀ® 612-280-2311

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Mortgage Rates Generally Hold Steady

September 17, 2020 by Greg Hahn

September 17, 2020
Despite the recession, the very low mortgage environment has spurred many first-time homebuyers to jump into the real estate market. In August, first-time homebuyer activity rose 19 percent from July to the highest monthly level ever for Freddie Mac. The first-time homebuyer driven rebound in the housing market has come at a critical time for the economy.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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