Mortgage Rates Inch Down

Dated: July 2 2021

Views: 181

(July 1, 2021)

Economic growth remains steady and is bolstering more segments of the economy. Although low and stable mortgage rates have kept the housing market booming over recent months, a deterioration in affordability and for-sale inventory has led to a market slowdown.

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 Trend Down

(July 22, 2021)Concerns about the Delta variant, and the overall trajectory of the pandemic, are undoubtedly affecting economic growth. While the economy continues to mend, Treasury yields have

Read More

Mortgage Rates Continue to Decrease this Summer

(July 15, 2021)The summer swoon in mortgage rates continues as the 30-year fixed-rate mortgage fell for the third consecutive week. Since their peak at 3.18% in April, mortgage rates have declined

Read More

Mortgage Rates Continue to Move Down

(July 8, 2021)Mortgage rates decreased this week following the dip in U.S. Treasury yields. While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the

Read More

Mortgage Rates Inch Down

(July 1, 2021)Economic growth remains steady and is bolstering more segments of the economy. Although low and stable mortgage rates have kept the housing market booming over recent months, a

Read More