Your REALTOR:
Juanita Montgomery
January 2020
Real


November Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates. Residential real estate accounts for one-sixth of the economy, and the improving real estate market will support economic growth heading into next year."

• 30-year fixed-rate mortgage (FRM) averaged 3.66 percent with an average 0.6 points for the week ending November 21, 2019, down from last month when it averaged 3.75 percent. A year ago, at this time, the 30-year FRM averaged 4.81 percent.

• 15-year FRM this week averaged 3.15 percent with an average 0.5 points, down from last month when it also averaged 3.18 percent. A year ago, at this time, the 15-year FRM averaged 4.24 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.39 percent this week with an average 0.4 points, down from last month when it averaged 3.4 percent. A year ago, at this time, the 5-year ARM averaged 4.09 percent.



Juanita Montgomery,R CRS GRI e-PRO SFR
E-mail: jm@alohajuanita.com
Website: http://www.BigIslandHomes.com
808-936-7719/ cell phone
Clark Realty-a LocationsHawaii company
808-887-0887
67-1185 Mamalahoa Hwy. Ste. E-128
Parker Ranch Shopping Center
Kamuela Hawaii 96743


Equal Housing Opportunity

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