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Mortgage Rates Hold Steady

October 3, 2019 by Dennis Holmquist Leave a Comment

October 3, 2019
While mortgage rates generally held steady this week, overall mortgage demand remained very strong, rising over fifty percent from a year ago thanks to increases in both refinance and purchase mortgage applications. As economic growth decelerates, it is clear that low mortgage rates will continue to support the mortgage market and we expect that to persist for the remainder of the year.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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