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Minneapolis, MN: The economic recovery is in jeopardy due to the lack of consumer spending caused by corona virus lockdowns, lack of travel, fear, lack of getting together with family, closing of stores, losing of jobs, etc. This couldn’t come at a worse time either, as most stores look to the last 6 weeks of the year to bring home the bacon.
Although the news of vaccines is good news, we aren’t going to see it really push rates higher till next year some time now because of lockdowns.Near term, the economy is in definite trouble, and the only upside is that rates will likely stay low through the end of the year, giving home buyers, and those who haven’t refinanced yet a crack at historically low mortgage interest rates.Apply Online at JoeMetzler.com/applicationNMLS 274132. Equal Housing Lender.
(651) 552-3681
Home Purchase - Home Refinance
Serving MN WI IA ND SD CO FL
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Equal Housing Lender. The Joe Metzler Team at Cambria Mortgage lends in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota, Colorado, and Florida only. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. Information here can become out of date, and may no longer be accurate. Products and interest rates are subject to change at any time due to changing market conditions. Not all programs available in all states. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Joe Metzler, NMLS 274132, Cambria Mortgage NMLS 322798. © 1998 - 2024.
