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Mortgage Rates Decrease

May 27th, 2020 11:28 AM by Kemmer Daniel Matteson

Mortgage Rates Decrease

For the fourth consecutive week, the 30-year fixed-rate mortgage has been below 3.30 percent, giving potential buyers a good reason to continue shopping even amid the pandemic. As states reopen, we’re seeing purchase demand improve remarkably fast, now essentially flat relative to a year ago. Going forward, mortgage rates have room to decline as mortgage spreads remain elevated.

Posted in:General
Posted by Kemmer Daniel Matteson on May 27th, 2020 11:28 AM


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