Is it here? Mortgage Rates Increase Slightly | David Reed Mortgage Rates Increase Slightly – David Reed

April 23, 2020
Mortgage rates have stabilized over the last few weeks as the market searches for direction in the fog of economic data. While financial markets initially rallied on the news of Federal Reserve support and are improving due to the Senate’s passage of a new small business stimulus, we continue to see a deep economic contraction amidst uncertainty about the recovery formation.

Information provided by Freddie Mac.