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Ken Bradley
November 2019
Real
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July Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "Mortgage rates continued to hover near three-year lows and purchase application demand has responded, rising steadily over the last two months to the highest year-over-year change since the fall of 2017. While the improvement has yet to impact home sales, there’s a clear firming of purchase demand that should translate into higher home sales in the second half of this year."

• 30-year fixed-rate mortgage (FRM) averaged 3.75 percent with an average 0.5 points for the week ending July 25, 2019, up from last month when it averaged 3.73 percent. A year ago, at this time, the 30-year FRM averaged 4.54 percent.

• 15-year FRM this week averaged 3.18 percent with an average 0.5 points, up from last month when it also averaged 3.16 percent. A year ago, at this time, the 15-year FRM averaged 4.02 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.47 percent this week with an average 0.4 points, up from last month when it averaged 3.39 percent. A year ago, at this time, the 5-year ARM averaged 3.87 percent.



Ken Bradley,REALTOR e-Pro Luxury Home Specialist
E-mail: Ken@KenBradleyRealtor.com
Website: http://KenBradleyRealtor.com
Cell: 772-538-9981
Florida HomeTown Realty Inc.
Call Ken Direct 772-538-9981
Vero Beach Island Vero Beach Mainland North Hutchinson Island Sebastian.


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