federal funds rate, were lowered in an attempt to boost home sales and support the American economy.
In the United States, interest rates for all mortgage types decreased in the first half of 2020. The rates, which are affected by the Mortgage interest rates from 1st quarter 2019 to 2nd quarter 2020 in the United States, by mortgage type
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US Department of Housing and Urban Development. (September 1, 2020). Mortgage interest rates from 1st quarter 2019 to 2nd quarter 2020 in the United States, by mortgage type [Graph]. In Statista. Retrieved January 16, 2021, from https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/
US Department of Housing and Urban Development. "Mortgage interest rates from 1st quarter 2019 to 2nd quarter 2020 in the United States, by mortgage type." Chart. September 1, 2020. Statista. Accessed January 16, 2021. https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/
US Department of Housing and Urban Development. (2020). Mortgage interest rates from 1st quarter 2019 to 2nd quarter 2020 in the United States, by mortgage type. Statista. Statista Inc.. Accessed: January 16, 2021. https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/
US Department of Housing and Urban Development. "Mortgage Interest Rates from 1st Quarter 2019 to 2nd Quarter 2020 in The United States, by Mortgage Type." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/
US Department of Housing and Urban Development, Mortgage interest rates from 1st quarter 2019 to 2nd quarter 2020 in the United States, by mortgage type Statista, https://www.statista.com/statistics/500056/quarterly-mortgage-intererst-rates-by-mortgage-type-usa/ (last visited January 16, 2021)