Fannie Mae is predicting that continued low rates and possibly lower rates are expected in 2020.
September Monthly Skinny Video
“Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates.”
Mortgage Rates Jump
October 17, 2019
Despite this week’s uptick in mortgage rates, the housing market remains on the upswing with improvement in construction and home sales. While there has been a material weakness in manufacturing and consistent trade uncertainty, other economic trends like employment and homebuilder sentiment are encouraging.
Information provided by Freddie Mac.
Mortgage Rates Jump
October 17, 2019
Despite this week’s uptick in mortgage rates, the housing market remains on the upswing with improvement in construction and home sales. While there has been a material weakness in manufacturing and consistent trade uncertainty, other economic trends like employment and homebuilder sentiment are encouraging.
Information provided by Freddie Mac.
August Monthly Skinny Video
“There’s a lot of interest in the housing market and how a changing economy affects one’s position within it.”
July Monthly Skinny Video
Home price growth has slowed and now more closely matches income and wage growth – a healthy development.
June Monthly Skinny Video
Despite strong buyer demand, sales totals are lower due to a lack of affordable supply