Your REALTOR:
Judy Durant
August 2020
Real
Specializing in Bradenton, Anna Maria Island and Sarasota properties...


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.



Judy Durant,Realtor e-PRO
E-mail: Judy@JudyDurant.com
Website: http://www.JudyDurant.com/
Direct: (941) 713-4980
Bayshore Realty, Inc
(800) 330-1543 -or- (941) 755-3701
1509 60 Avenue West
Bradenton FL 34207


Equal Housing Opportunity

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