Your REALTOR:
Bob Hummer
November 2019
Real
AN EDUCATED HOME BUYER OR SELLER....BECOMES A SATISFIED HOME BUYER OR HOME SELLER.


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.



Bob Hummer,REALTOR ABR CDRS CDPE CRS MBA SFR SRES
E-mail: bob@military-realestate.com
Website: http://www.military-realestate.com
703-878-HUMM; 888-453-1836
COLDWELL BANKER RESIDENTIAL BROKERAGE
703-878-4866
4500 Pond Way suite 220
Woodbridge Va 22192


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