The Valley's
Leading Agent
Russell Shaw
September 2021
Real
My team and I help more people move than any other agent or team in Arizona. I'm not bragging, I'm applying for a job. I want to be YOUR Realtor!


July Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "As the economy works to get back to its pre-pandemic self, and the fight against COVID-19 variants unfolds, owners and buyers continue to benefit from some of the lowest mortgage rates of all-time. Largely due to the current environment, the 30-year fixed-rate remains below three percent for the fifth consecutive week while the 15-year fixed-rate hits another record low."

• 30-year fixed-rate mortgage (FRM) averaged 2.8 percent with an average 0.7 points for the week ending July 29, 2021, down from last month when it averaged 3.02 percent. A year ago, at this time, the 30-year FRM averaged 2.99 percent.

• 15-year FRM this week averaged 2.1 percent with an average 0.7 points, down from last month when it averaged 2.34 percent. A year ago, at this time, the 15-year FRM averaged 2.51 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.45 percent this week with an average 0.3 points, down from last month when it averaged 2.53 percent. A year ago, at this time, the 5-year ARM averaged 2.94 percent.



Russell Shaw, Realtor®
E-mail: russell@nohasslelisting.com
Website: http://www.NoHassleListing.com
602-957-7777
Toll-Free 866-357-3604
Realty ONE Group
602-957-7777
11211 N. Tatum Blvd., Ste. 100
Phoenix, AZ 85028


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