The MND’s survey above are today’s rates with no points, which means that homebuyers who are willing to pay a point or so will be getting a mortgage rate starting with a 2!

While there is certainly a big concern about the coronavirus affecting the world economy – and putting a dent in the down payments – these record-low rates should keep homebuyers engaged!

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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