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December 15, 2022
Mortgage rates continued their downward trajectory this week, as softer inflation data and a modest shift in the Federal Reserve’s monetary policy reverberated through the economy. The good news for the housing market is that recent declines in rates have led to a stabilization in purchase demand. The bad news is that demand remains very weak in the face of affordability hurdles that are still quite high.
Information provided by Freddie Mac.
Coldwell Banker Realty
Wayzata Office
235 Lake Street East, Suite 100
Wayzata, MN 55391-1774
952.473.3000 (Office )
612.963.7128 (Mobile)
Coldwell Banker Realty
Wayzata Office
235 Lake Street East, Suite 100
Wayzata, MN 55391-1774
952.473.3000 (Office )
952.210.2626 (Mobile)
