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Mortgage Rates Hit All-Time Record Holiday Weekend

July 6th, 2020 2:30 PM by Kemmer Daniel Matteson

Mortgage Rates Hit All-Time Record 

Holiday Weekend

Mortgage rates continue to slowly drift downward with a distinct possibility that the average 30-year fixed-rate mortgage could dip below 3 percent later this year. On the economic front, incoming data suggest the rebound in economic activity has paused in the last couple of weeks with modest declines in consumer spending and a pullback in purchase activity.

Posted by Kemmer Daniel Matteson on July 6th, 2020 2:30 PM


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