Your REALTOR:
Ann E. Meng
January 2022
Real
Buy the Beach Realty!
In the Heart of South Beach!


November Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "

Despite the noise around the economy, inflation, and monetary policy, mortgage rate volatility has been low. For most of 2021, mortgage rates have stayed within half a percentage point, which is a smaller range than in past years."

• 30-year fixed-rate mortgage (FRM) averaged 3.1 percent with an average 0.7 points for the week ending November 24th, 2021, down from last month when it averaged 3.14 percent. A year ago, at this time, the 30-year FRM averaged 2.72 percent.

• 15-year FRM this week averaged 2.42 percent with an average 0.7 points, up from last month when it averaged 2.37 percent. A year ago, at this time, the 15-year FRM averaged 2.28 percent.

• 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.47 percent this week with an average 0.3 points, up from last month when it averaged 2.56 percent. A year ago, at this time, the 5-year ARM averaged 3.16 percent.



Ann E. Meng,REALTOR
E-mail: sales@buybeach.com
Website: http://buybeach.com
305-865-0516
Buy the Beach Realty, Inc.
305-531-6929
800 West Avenue
Miami Beach Fl 33139


Equal Housing Opportunity

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