Your REALTOR:
Deborah Kniss
September 2020
Real
"Your Home is Your Most Important Investment...
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July Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "Rates continue to remain near historic lows, driving purchase demand over 20 percent above a year ago. Real estate is one of the bright spots in the economy, with strong demand and modest slowdown in home prices heading into the late summer. Home sales should remain strong the next few months into the early fall."

• 30-year fixed-rate mortgage (FRM) averaged 2.99 percent with an average 0.8 points for the week ending July 30, 2020, down from last month when it averaged 3.13 percent. A year ago, at this time, the 30-year FRM averaged 3.20 percent.

• 15-year FRM this week averaged 2.51 percent with an average 0.7 points, down from last month when it averaged 2.59 percent. A year ago, at this time, the 15-year FRM averaged 3.16 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.94 percent this week with an average 0.4 points, down from last month when it averaged 3.08 percent. A year ago, at this time, the 5-year ARM averaged 3.46 percent.



Deborah Kniss,Broker CRS GRI SRES
E-mail: Deborah@DeborahKniss.com
Website: http://www.SouthernCalRealEstate.com
Text/Cell: 805-402-5860
Deborah Kniss Real Estate / RE/MAX
805-402-5860
199 E. Thousand Oaks Blvd. Suite G
Thousand Oaks CA 91360


Equal Housing Opportunity

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