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.

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Mortgage Rates Ease Slightly, But Are Buyers Waiting for More?

Mortgage Rates Ease Slightly, But Are Buyers Waiting for More? : Mortgage rates are at the lowest level in two months, but home buyers appea...