Bruce Erickson

612-382-4099

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Over fifteen years of real estate experience in Minneapolis ans surrounding communities.

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Mortgage Rates Drop Below Three Percent Again

November 11, 2021 by nimdaerickson

November 10, 2021
Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week. These low mortgage rates, combined with the tailwind of first-time homebuyers entering the market, means that purchase demand will remain strong into next year. However, affordability pressures continue to be an ongoing concern for homebuyers.

Information provided by Freddie Mac.

Filed Under: Interest Rates

$ 209,900 - Maple Grove MN 55369
429 Eagle Lake Drive
2 beds, 1 baths
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$ 1,495,000 - Wayzata MN 55391
480 Hillside Drive
5 beds, 5 baths
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$ 799,000 - Golden Valley MN 55426
365 Laurel Curve
4 beds, 3 baths
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