If you need assistance, please call 702-476-0060

What’s The Latest On Interest Rates?

Monday, September 2, 2019   /   by Michael Picciuto

What’s The Latest On Interest Rates?


What’s The Latest On Interest Rates?



 



Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.



 



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.”



 



As a potential buyer, the best thing you can do is work with a trusted advisor who can help you keep a close eye on how the market is changing. Relying on current expert advice is more important than ever when it comes to making a confident and informed decision for you and your family.



 



Bottom Line



Even a small increase (or decrease) in interest rates can impact your monthly housing cost. If buying a home is on your short list of goals to achieve, reach out to a local real estate professional to determine your best move.

Couture Realty
Ken Couture
8367 W Flamingo Rd Suite 101
Las Vegas, NV 89147
702-476-0060

UP5DB701E1507748.jpgThe data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. GLVAR MLS deems information reliable but not guaranteed. Copyright 2021 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
This site powered by CINC: www.cincpro.com