Your REALTOR:
Vickie Gallimore
September 2021
Real


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.



Vickie Gallimore, REALTOR
E-mail: vickie@vickiegallimore.com
Website: http://www.vickiegallimore.com
336-953-9500
RE/MAX Central Realty
336-626-5600
231 S. Fayetteville Street
Asheboro, NC 27203


Equal Housing Opportunity

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