Craig Alger

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Mortgage Rates Ticked Up Slightly

May 7, 2020 by Craig Alger

May 7, 2020
Mortgage rates stayed at or near record lows for the fifth straight week and homeowners are taking advantage with refinance activity remaining high. Although purchase demand declined thirty-five percent year-over-year in mid-April, demand has improved modestly over the last three weeks.

Information provided by Freddie Mac.

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