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Mortgage Rates Tick Up Slightly

June 8th, 2020 12:02 PM by Kemmer Daniel Matteson

Mortgage Rates Tick Up Slightly

As the economy is slowly rebounding, all signs continue to point to a solid recovery in home sales activity heading into the summer as prospective buyers jump back into the market. Low mortgage rates are a key factor in this recovery. While homebuyer demand is up and has been broad-based across most geographies, supply has been slower to improve. In fact, the gap between supply and demand has widened even further than the large gap that existed prior to the pandemic.

Posted by Kemmer Daniel Matteson on June 8th, 2020 12:02 PM

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