Mr Freeze! U.S. Mortgage Rates Slip While Home Sales Head for Deep Freeze (Unemployment Claims Hit All-time High!)

Deep freeze?

(Bloomberg) — U.S. mortgage rates fell for the first time in three weeks. But for would-be homebuyers frozen in fear of an economic meltdown, borrowing costs are no longer a prime concern.

The average rate for a 30-year fixed loan was 3.5%, down from 3.65% last week, Freddie Mac said in a statement Thursday.


Unemployment claims jumped today to the highest ever.


Pennsylvania and Ohio lead the nation in unemployment (jobless) claims.

Screen Shot 2020-03-26 at 11.21.25 AM

Did someone say Deep Freeze?


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