Adam Jacobson
July 2020

Daily News And Advice
Today's Feature Stories

Rates Drop During Your Lock Period? Here’s What to Do

Ouch. Mortgage rates yet again hit a record low, this according to the recent mortgage rate report from Freddie Mac. That’s good news for homebuyers and those who are refinancing (again). This is a drop of nearly 0.50% from just last month. That’s quite the dramatic fall. For those in the mortgage rate market, it’s really a good time to snag these current rates.


Is It Safe To Use Your Community Pool?

After months of being quarantined at home, the world is opening up again. And that’s perfect timing for many, considering it’s hot outside, and hot=time to swim. If you have your own swimming pool, you’re probably considering yourself pretty lucky right now. But what if you don’t? Is it safe to use the community pool? We’re diving in. 


Hot Real Estate Alert: Home Flipping Hits 14-Year High

While the real estate market in general experiences a bit of chaos related to the Coronavirus pandemic and employment challenges, there is one segment of the market that is going strong. Home flipping is boasting its best numbers in 14 years. 


Buyer Beware: What You Need To Know About Warranty Companies

True story: Our four-year-old refrigerator died an ugly death late last year. After being diagnosed and fixed—more than once—by the same repair company, our warranty company finally authorized the purchase of a brand-new fridge. 


Mortgage Rates
Averages as of July 2020:

30 yr. fixed: 3.13%
15 yr. fixed: 2.59%
5/1 yr. adj: 3.08%

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Adam Jacobson, GRI & CNE
Graduate REALTOR Institute
Certified Negotiation Expert

240-506-8289 (call or text)
Douglas Realty
240-506-8289 (call or text)
7520 Standish Place
Rockville, MD 20855

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