Your REALTOR:
Jilann Jurvelin Carlson
December 2019
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.



Jilann Jurvelin Carlson,REALTOR
E-mail: jilann@windermere.com
Website: http://www.jurv.com
208-664-9221
Windermere/Coeur d'Alene Realty
800-659-9221
1000 Northwest Blvd. #200
Coeur d'Alene, ID 83814


Equal Housing Opportunity

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