Housing market continues to spike despite pandemic
Housing market continues to spike despite pandemic By Courtney Chandler | December 18, 2020 at 10:09 PM CST - Updated December 18 at 10:17 PM MONTGOMERY, Ala. (WSFA) - The COVID-19 pandemic has not stopped the housing market from seeing its best numbers across the board in 2020. The housing market is on pace to see a 6% increase from 2019 this year. With interest rates at record lows, 2.6% for a 30-year fixed mortgage and 2.21% for a 15-year fixed mortgage, the lowest in nearly 50 years. Subdivisions like Hampstead have benefited greatly from those low interest rates and they say 2020 ha...
Source: wsfa.com