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

September 17, 2020
Despite the recession, the very low mortgage environment has spurred many first-time homebuyers to jump into the real estate market. In August, first-time homebuyer activity rose 19 percent from July to the highest monthly level ever for Freddie Mac. The first-time homebuyer driven rebound in the housing market has come at a critical time for the economy.

Information provided by Freddie Mac.