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Mortgage Rates Drop

March 26, 2020 by Nick Wolter

March 26, 2020
The Federal Reserve’s swift and significant efforts to stabilize the market were much needed and helped mortgage rates drop for the first time in three weeks. Similar to other segments of the economy, real estate demand is softening. However, the combination of the Fed’s actions and pending economic stimulus will provide substantial support to the mortgage markets.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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Nick Wolter

Wolter Realty Group

Twin Cities Minnesota.

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