Home Buyers In 2020 Are Locking In Ridiculously Low Mortgage Interest Rates
Scott P. Rogers
If there is one trend line that we like to see declining -- it's mortgage interest rates! :-)
The interest rates at which buyers are financing their mortgages have been lower and lower and lower as we have progressed through 2020, and are now right around 3.13%.
If you are thinking about buying a home in 2020 and IF you can secure a contract on a house despite LOTS of competition from other buyers, you are likely to be financing your mortgage at one of the lowest mortgage interest rates ever seen!
Perhaps that is fueling some of surge of buyers currently in the market?
