Is it here? Mortgage Rates Generally Hold Steady | David Reed Mortgage Rates Generally Hold Steady – David Reed

May 14, 2020
Mortgage rates have stabilized at very low levels over the last few weeks as homebuyer demand slowly improves. Although purchase applications reached a new low in mid-April, today purchase demand is only down ten percent from one year ago. While demand is improving, inventory is low and declining with no signs of a turnaround yet.

Information provided by Freddie Mac.