Mortgage Rates Update – May 2020

You can see the decline in rates over time in these three charts. The decline in rates lowers the cost of capital and may spur increased buying activity. There is a correlation among Fed funds rates and the mortgage products, but there is added complexity when considering supply and demand of the housing stock.

Enjoy these charts for a historical view, and always, follow me on thehousehacker.com for more.



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