Lately, it can feel like each day brings a new headline about fluctuating market behavior. But amid the ups and downs of 2020, there may be some potential good news on the horizon. On July 16, 2020, the interest rate for a 30-year home loan had fallen to 2.98%. Also, the average interest rate for a 15-year home loan had declined to 2.48%.1,2,3
Good news for homebuyers
Good news for investors
Good news for everyone
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1. OCRegister.com, July 16, 2020
2. Realtor.com, July 13, 2020
3. FreddieMac.com, July 16, 2020
4. TheBalance.com, February 10, 2020
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.
Home Loans at Historic Lows
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