Kemmer's call

Rates Dip this week to lowest in 2 years

May 7th, 2019 8:49 AM by Kemmer Daniel Matteson

Slightly weaker inflation and labor economic data caused mortgage rates to dip this week. Moving into summer, we expect rates to be about a quarter to half a percentage point lower than where they were last year, which is good news for the housing market. These lower rates combined with solid economic growth, low inflation and rebounding consumer confidence should provide a solid foundation for home sales to continue to improve over the next couple of months.
Posted in:General
Posted by Kemmer Daniel Matteson on May 7th, 2019 8:49 AM

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