March 23, 2023
Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks. However, on the homebuyer front, the news is more positive with improved purchase demand and stabilizing home prices. If mortgage rates continue to slide over the next few weeks, look for a continued rebound during the first weeks of the spring homebuying season.
For more information: https://www.freddiemac.com/pmms
On October 21, 1981 the survey said 18.39% on a 30-Yr FRM (All Time High)
On December 24, 2020 the survey said 2.66% on a 30-Yr FRM (All Time Low)
For more information:
John Marbury - 205-266-5669 john.marbury@colonybank.cm NMLS# 740833
George Kontos - 205-876-7484 george.kontos@colonybank.com NMLS# 242754
For updates, mortgage calculators and online application go to: https://www.johnmarbury.com/
NMLS#408873
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