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
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