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Mortgage Rates Drop, Hitting a Record Low for the Thirteenth Time this Year

November 19, 2020 by

November 19, 2020
Weaker consumer spending data, which accounts for the majority of economic growth, drove mortgage rates to a new record low. While economic growth remains unstable, strong housing demand continues to have a domino effect on many other segments of the economy.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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