Your REALTOR:
Bob Hummer
August 2021
Real
AN EDUCATED HOME BUYER OR SELLER....BECOMES A SATISFIED HOME BUYER OR HOME SELLER.


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.



Bob Hummer, REALTOR ABR CDRS CDPE CRS MBA SFR SRES
E-mail: bob@military-realestate.com
Website: http://www.military-realestate.com
703-878-HUMM; 888-453-1836
COLDWELL BANKER REALTY
703-878-4866
12731 Marblestone Dr., #103
Woodbridge, VA 22192


Equal Housing Opportunity

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