Mortgage Rates Drop Below 3% Again

Dated: November 15 2021

Views: 62

Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week. These low mortgage rates, combined with the tailwind of first-time homebuyers entering the market, means that purchase demand will remain strong into next year. However, affordability pressures continue to be an ongoing concern for homebuyers.

Blog author image

Alexi Altuve The Alexi Altuve Group

If you are looking to buy your dream home or sell the one you have, it’s time to contact your Trusted Real Estate Advisor Alexi Altuve. Confident and committed, Alexi proudly offers exceptional real....

Latest Blog Posts

Mortgage Rates Drop Below 3% Again

Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week. These low mortgage rates, combined with the tailwind of first-time

Read More