Mortgage Rates Could Stay Low for Weeks, Months–But There’s a Catch
Detroit Free Press, June 6, 2020–Susan Tompor
he catch, if you will, is that many bargain rates will be available mainly to borrowers with good credit, proof of income and enough equity built up in their homes as lenders try to limit their losses should a recession last far longer than many would expect.
https://www.startribune.com/mortgage-rates-could-stay-low-for-weeks-months-but-there-s-a-catch/571022442/