Welcome to TeamEmond

  • Home
  • Search
  • Our Listings
  • Buyers
  • Sellers
  • News
  • About TeamEmond
  • Contact
Menu
  • Home
  • Search
  • Our Listings
  • Buyers
  • Sellers
  • News
  • About TeamEmond
  • Contact

Mortgage Rates Continue to Shift Down

February 2, 2023 by Jim Emond

February 2, 2023
Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent. According to Freddie Mac research, this one percentage point reduction in rates can allow as many as three million more mortgage-ready consumers to qualify and afford a $400,000 loan, which is the median home price.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

Information Deemed Reliable But Not Guaranteed
Licensed In MN

Copyright © 2023 | TeamEmond