Your REALTOR:
Debra Weber
September 2020
Real
Prompt Response, Dedicated Service


August Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "This year has been anything but normal and as the uncertainty lingers, mortgage rates remain near record lows. These rates continue to incentivize potential buyers and the home buying season, which shifted from spring to summer, will likely continue into the fall."

• 30-year fixed-rate mortgage (FRM) averaged 2.91 percent with an average 0.8 points for the week ending August 27, 2020, down from last month when it averaged 2.99 percent. A year ago, at this time, the 30-year FRM averaged 3.58 percent.

• 15-year FRM this week averaged 2.46 percent with an average 0.7 points, down from last month when it averaged 2.51 percent. A year ago, at this time, the 15-year FRM averaged 3.06 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.91 percent this week with an average 0.2 points, down from last month when it averaged 2.94 percent. A year ago, at this time, the 5-year ARM averaged 3.31 percent.




Debra Weber
E-mail: dweber0212@aol.com
Website: www.debraweber.net
(940) 300-7694

Debra Weber Realty
(940) 300-7694
1701 W. Northwest Hwy., Ste. 100
Grapevine, TX 76051


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