Is it here? Mortgage Rates Drop | David Reed Mortgage Rates Drop – David Reed

September 5, 2019
Mortgage rates continued the summer swoon due to weaker economic data. While economic growth is clearly slowing due to rising manufacturing and trade headwinds, economic fundamentals are still solid for U.S. consumers. The unemployment rate is low, housing affordability is improving, homebuyer demand is rising, and home price growth is stable.

Information provided by Freddie Mac.