Is it here? Mortgage Rates Drop to Lowest Level in Three Months | David Reed Mortgage Rates Drop to Lowest Level in Three Months – David Reed

January 23, 2020
Rates fell to the lowest level in three months and are about a quarter point above all-time lows. The very low rate environment has clearly had an impact on the housing market as both new construction and home sales have surged in response to the decline in rates, the rebound in the economy and improving financial market sentiment.

Information provided by Freddie Mac.