Greg Hahn

Greg Hahn REALTORĀ® 612-280-2311

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Mortgage Rates Generally Hold Steady

May 14, 2020 by Greg Hahn

May 14, 2020
Mortgage rates have stabilized at very low levels over the last few weeks as homebuyer demand slowly improves. Although purchase applications reached a new low in mid-April, today purchase demand is only down ten percent from one year ago. While demand is improving, inventory is low and declining with no signs of a turnaround yet.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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