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.





   
     

Mana Mahfoozi, Broker Associate, REALTOR®, Mentor DRE#01324956
E-mail: mana@sd-realtyservices.com
Website: http://www.sd-realtyservices.com/
(619) 305-2500

AARE dba SD-Realty Services
12636 High Bluff Drive, Suite 400
San Diego, CA 92130


Equal Housing Opportunity

unsubscribe