According to Freddie Mac’s Primary Mortgage Survey, mortgage rates moved up slightly this week, with the 30-year fixed-rate mortgage rate averaging 3.6 %. That is almost a full percentage point lower from this time last year. These historically low rates along with a strong labor market should continue to fuel the economy by boosting consumer purchasing power, supporting housing market activity in the coming months.
Mortgage rates trended down for the third straight week as new data indicates inflationary pressures are receding. The consumer price index slowed to 3.2% in
Since reaching 7% last November, 30-year fixed rates have slowly ticked down and have hovered just above 6% for the past month. Buyers seem to
30-Year Fixed Rate Approaches 6% Again Just in time for our peak winter season, mortgage interest rates have dropped down again for the third week
Affordability is Primary Obstacle for Home Buyers in South Florida October was a difficult month for home buyers with both
Mortgage rates trended down for the third straight week as new data indicates inflationary pressures are receding. The consumer price
Sales Volume is Still Down, but Inventory Ticks Up South Florida’s home sales were down again in September as housing
Copyright © 2022 By The Sea Realty – All rights reserved
Equal Housing Opportunity 
