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.

mrfreeze

Unemployment claims jumped today to the highest ever.

recunemplo

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?

mrfreezejay

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.