Christine Hazel

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Mortgage Rates Continue their Downward Trajectory

December 15, 2022 by Christine Hazel

December 15, 2022
Mortgage rates continued their downward trajectory this week, as softer inflation data and a modest shift in the Federal Reserve’s monetary policy reverberated through the economy. The good news for the housing market is that recent declines in rates have led to a stabilization in purchase demand. The bad news is that demand remains very weak in the face of affordability hurdles that are still quite high.

Information provided by Freddie Mac.

Filed Under: Interest Rates

Christine Hazel

Christine Hazel is a full-time, dedicated Realtor licensed in Minnesota with more than 10 years of real estate experience and success... (read more)

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