Your REALTOR:
Kelli Lanphere
April 2024
Real
"The future belongs to those who believe in the beauty of their dreams." Eleanor Roosevelt


October Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The outlook for a favorable resolution to the trade dispute between the U.S. and China is still unclear, introducing some volatility into financial markets and the benchmark 10-year Treasury yield. Mortgage rates are following suit but are at near historic lows, while mortgage applications to purchase a home remain higher year over year."

• 30-year fixed-rate mortgage (FRM) averaged 3.75 percent with an average 0.5 points for the week ending October 24, 2019, up from last month when it averaged 3.64 percent. A year ago, at this time, the 30-year FRM averaged 4.86 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 4.29 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.4 percent this week with an average 0.3 points, up from last month when it averaged 3.38 percent. A year ago, at this time, the 5-year ARM averaged 4.14 percent.



Kelli Lanphere, RE/MAX Circle of Legends RE/MAX Hall of Fame Certified Luxury Home Marketing Specialist CRS
E-mail: [email protected]
Website: https://www.TheDenverTeam.com
Direct: (303) 322-2210
RE/MAX of Cherry Creek Inc.
(303) 320-1556 x 4578
100 Jackson Street
Denver, CO 80206


Equal Housing Opportunity

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