Call Us:
321-614-2942
E-Mail Us:
oceanaoceanfront@gmail.com

December Real Estate Roundup  December Real Estate Roundup


December Real Estate Roundup

Written By: Realty Times Staff
Friday, January 15, 2021

Freddie Macs results of its Primary Mortgage Market Survey shows that "The housing market is poised to finish the year strong as low mortgage rates continue to fuel homebuyer demand and refinance activity. Moving into 2021, we expect rates to hold steady but the key driver in the near term will be the trajectory of the COVID-19 pandemic and the execution of the vaccine."

30-year fixed-rate mortgage FRM averaged 2.66 percent with an average 0.7 points for the week ending December 24, 2020, down from last month when it averaged 2.72 percent. A year ago, at this time, the 30-year FRM averaged 3.74 percent.

15-year FRM this week averaged 2.19 percent with an average 0.5 points, down from last month when it averaged 2.28 percent. A year ago, at this time, the 15-year FRM averaged 3.19 percent.

5-year Treasury-indexed hybrid adjustable-rate mortgage ARM averaged 2.79 percent this week with an average 0.2 points, up from last month when it averaged 3.16 percent. A year ago, at this time, the 5-year ARM averaged 3.45 percent.





Copyright© 2021 Realty Times®. All Rights Reserved
Photo Gallery
Oceana Real Estate for Sale
Satellite Beach Homes for Sale
Updated: Friday, January 15, 2021

Ask the HOA Expert: Vendor Int...
Question: Our HOA has a resident that interferes with vendor...

2021’s Hottest Home Décor Tren...
Most of us were more than happy to say goodbye to 2020, but we coul...

Copyright ©2021Realty Times®. All Rights Reserved

Oceana Ocean Front Client Login
Receive Email Alerts