What Is The Latest On Interest Rates

Dated: August 27 2019

Views: 69

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.

#relocation #boise #boiseidaho #boisehomes #firsttimehomebuyers #homeownership #buildingwealth #blakeonboise #alisonblakegroup #RealEstateDoneRight#IdahohomesbyOscarcom#Listingspecialist#Firsttimehomebuyerspecialist#Relocationspecialist#NewConstructionspecialist#Investmentspecialist#Alwaysworkingformyclients 

Latest Blog Posts

Todays Real Estate Market Explained Through 4 Key Trends

Today’s Real Estate Market Explained Through 4 Key TrendsAs we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix

Read More

Pop Quiz Can You Define These Key Terms In Todays Housing Market INFOGRAPHIC

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms

Read More

Why This Isnt Your Typical Summer Housing Market

Why This Isn’t Your Typical Summer Housing MarketIn real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy.

Read More

4 Major Incentives To Sell This Summer

4 Major Incentives To Sell This SummerWhile the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are

Read More