Halley Team
Jim & Crystal Halley
September 2021
Real
"Put Our Family to Work for Your Family"


June Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "Mortgage rates have risen above three percent for the first time in ten weeks. As the economy progresses and inflation remains elevated, we expect that rates will continue to gradually rise in the second half of the year. For those homeowners who have not yet refinanced – and there remain many borrowers who could benefit from doing so – now is the time."

• 30-year fixed-rate mortgage (FRM) averaged 3.02 percent with an average 0.7 points for the week ending June 24, 2021, up from last month when it averaged 2.97 percent. A year ago, at this time, the 30-year FRM averaged 3.13 percent.

• 15-year FRM this week averaged 2.34 percent with an average 0.7 points, up from last month when it averaged 2.27 percent. A year ago, at this time, the 15-year FRM averaged 2.59 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.53 percent this week with an average 0.3 points, down from last month when it averaged 2.59 percent. A year ago, at this time, the 5-year ARM averaged 3.08 percent.




Jim & Crystal Halley Associate Broker CDPE CRS
E-mail: crystalhalley@remax.net
Website: www.halleyteam.com
Cell: 248-568-0038

RE/MAX Classic
248-348-3000 x209
26870 Beck Rd.
Novi, MI 48374


Equal Housing Opportunity

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