Friday, August 7, 2020

Instant Reaction: Latest Mortgage Rates and Unemployment Filings

Instant Reaction: Latest Mortgage Rates and Unemployment Filings: Interest rates inched up slightly, to 3.02% on a 30-year fixed-rate mortgage, but they are essentially at near-record-low levels. The housing market is hot because of the lower mortgage rates, but the luxury market may remain soft due to jumbo loan issues.

No comments:

Post a Comment

New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford

New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford : New Listing-Income Alignment Score ...