Your REALTOR:
Kelli Lanphere
September 2021
Real
"The future belongs to those who believe in the beauty of their dreams." Eleanor Roosevelt


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.



Kelli Lanphere, RE/MAX Circle of Legends RE/MAX Hall of Fame Certified Luxury Home Marketing Specialist CRS
E-mail: Kelli@TheLanphereTeam.com
Website: http://www.TheLanphereTeam.com
Direct: (303) 322-2210
RE/MAX of Cherry Creek Inc.
(303) 320-1556 x 4578
100 Jackson Street
Denver, CO 80206


Equal Housing Opportunity

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