Mortgage Rates Reach Another Record Low
December 03, 2020
Mortgage Rates Reach Another Record Low
December 3, 2020
Despite persistently low mortgage rates, home sales have hit a wall. While homebuyer appetite remains robust, the scarce inventory has effectively put a limit on how much higher sales can increase. Unfortunately, the record low supply combined with strong demand means home prices are rapidly escalating and eroding the benefits of the low mortgage rate environment.
Michael Mahoney
Boston area RealtorĀ®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com
Boston area RealtorĀ®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com
See All Homes for Sale in Boston Under 400k
See All Homes Over 1mm in Greater Boston
Get the Value of Any House Now
See how much equity there is in your property now
@ YourEquityFinder.com
Ā
Comments