Call Tom Now: (305) 588-1441 | tom@tombelcher.com

Real Estate News


September Real Estate Roundup


Written by Realty Times Staff
Thursday, October 3, 2019

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "With both the unemployment rate and mortgage rate below four percent and near historic lows, it is no surprise that the housing market regained momentum with home sales and construction at or near decade highs. The fall housing market is poised to continue with steady gains in prices and solid sales activity."

• 30-year fixed-rate mortgage (FRM) averaged 3.64 percent with an average 0.6 points for the week ending September 26, 2019, up from last month when it averaged 3.55 percent. A year ago, at this time, the 30-year FRM averaged 4.72 percent.

• 15-year FRM this week averaged 3.16 percent with an average 0.5 points, up from last month when it also averaged 3.03 percent. A year ago, at this time, the 15-year FRM averaged 4.16 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.38 percent this week with an average 0.4 points, up from last month when it averaged 3.32 percent. A year ago, at this time, the 5-year ARM averaged 3.97 percent.





Copyright© 2021 Realty Times®. All Rights Reserved
3928 HARDIE AVE 3928 HARDIE AVEThis beautiful estate is located on a gated 20,097 sq ft lot and is within walking distance to the b...
Condominiums - All Areas
International Advantage Interactive Map Rentals Commercial Testimonials Client Login Visit My Mobile Site Interactive Map Contact Tom Belcher
Updated: Wednesday, October 20, 2021

Secured vs. Unsecured Debt: Ho...
A mortgage is a type of loan to finance real estate. The real estate can be a residential pr...

September Real Estate Roundup...
Freddie Macs results of its Primary Mortgage Market Survey shows that "Mortgage rates rose a...

More Real estate News
Copyright ©2021 - Realty Times®
All Rights Reserved.