Your REALTORS:
Shirley Mueller
September 2021
Real


Robert Kincaid

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.




Shirley Mueller & Robert Kincaid
E-mail: kincaid@realtor.com
Website: KincaidRealtors.com
Shirley: 317-431-9544
Robert: 317-431-6176

Kincaid Realtors, LLC
317-848-1118
8425 Woodfield Crossing Blvd., Suite 100
Indianapolis, IN 46240


Equal Housing Opportunity

unsubscribe