appraisal: May 2020 Mortgage Rates
- 05/04/20 01:20 PM
May 2020 mortgage rates are starting off the month near all time lows for both refinance and purchase transactions.Fixed rate mortgages remain more attractive then adjustable rate mortgages for both owner occupied and non-owner occupied transactions. May 2020 Mortgage Rate Expectations: Overall we believe the mortgage rates during the month of May will remain stable with a chance of seeing some improvements. In general, mortgage lenders have worked through most of the huge influx of applications they received from late February through mid-March. Demand for low rates mortgages remains strong and because of this mortgage lenders have little to no incentive to lower … (0 comments)
May 2020 mortgage rates are starting off the month near all time lows for both refinance and purchase transactions.Fixed rate mortgages remain more attractive then adjustable rate mortgages for both owner occupied and non-owner occupied transactions.
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