The Latest On Interest Rates

Dated: 09/03/2019

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According to Freddie Mac’s Primary Mortgage Market Survey,

the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016.

Sam Khater, Chief Economist at Freddie Mac, notes how this is great news for homebuyers. He states,

“…consumer sentiment remains buoyed by a strong labor market and low rates that will continue to drive home sales into the fall.”

If buying a home is on your short list of goals to achieve, the best thing you can do is work with a trusted Realtor who can help you keep a close eye on how the market is changing. Relying on expert advice is more important than ever when it comes to making a confident and informed decision for you and your family.

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