Ruth Whitney Bowe

  • Search
  • Ruth Listings
  • Resources
    • Sellers
    • Buyers
  • Contact Ruth
  • News

Mortgage Rates Continue to Shift Down

February 2, 2023 by Ruth Whitney Bowe

February 2, 2023
Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over seven percent. According to Freddie Mac research, this one percentage point reduction in rates can allow as many as three million more mortgage-ready consumers to qualify and afford a $400,000 loan, which is the median home price.

Information provided by Freddie Mac.

Filed Under: Interest Rates

Recent Posts

  • Mortgage Rates Continue to Slide Down
  • Existing Home Sales
  • February Monthly Skinny Video
  • New Listings and Pending Sales
  • Inventory
Main Logo

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following.
Follow me.

Navigation

  • Calculators
  • Finding A Loan Officer
  • Mortgage Glossary
  • The Loan Process
  • Metro Markets
  • Communities
  • Schools

Let’s stay in touch…

Realtor & Housing
Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.

By searching you agree to the end user license agreement.

DMCA Copyright Notice.

Copyright © 2023 | MSLLC