Mortgage Rates Falling May Have Homebuilder ETFs Rising
January 13, 2020 at 08:00 AM EST
The average rate on a typical 30-year fixed rate mortgage fell to its lowest level since October, which could feed into strength for homebuilder ETFs. According to Mortgage News Daily, the rate fell to 3.69%, which could have prospective home buyers rethinking a real estate purchase in 2020.