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Little Change in Mortgage Rates

February 20th, 2020 2:56 PM by Kemmer Daniel Matteson

Little Change in Mortgage Rates

February 20, 2020

The low mortgage rate environment continues to spur home buying 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 home buying season.

Posted by Kemmer Daniel Matteson on February 20th, 2020 2:56 PM

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