If you need assistance, please call 916-529-5342

What’s the Latest on Interest Rates?

Tuesday, August 27, 2019   /   by Jessa Mae

What’s the Latest on Interest Rates?

What’s the Latest on Interest Rates?


What’s the Latest on Interest Rates? | MyKCM



Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.What’s the Latest on Interest Rates? | MyKCMAccording to Freddie Mac’s Primary Mortgage Market Survey,



the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016.



Sam Khater, Chief Economist at Freddie Mac, notes how this is great news for homebuyers. He states,



“…consumer sentiment remains buoyed by a strong labor market and low rates that will continue to drive home sales into the fall.”



As a potential buyer, the best thing you can do is work with a trusted advisor who can help you keep a close eye on how the market is changing. Relying on current expert advice is more important than ever when it comes to making a confident and informed decision for you and your family.


Bottom Line


Even a small increase (or decrease) in interest rates can impact your monthly housing cost. If buying a home is on your short list of goals to achieve, let’s get together to determine your best move.


-- Thomas March Home Selling Group --- Proudly with Keller Williams Realty
Thomas March
548 Gibson Drive, Suite 200
Roseville, CA 95678
916-529-5342
DRE# 01427654

metrolist logo.png The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2020 MetroList Services, Inc.
Terms and Conditions

Powered by metrolist logo.png
This site powered by CINC: www.cincpro.com