Weekly Interest Rate Report by REALTOR® Gary Simmens
Weekly Interest Rate Report by Gary Simmens Realtor with KW - CONVENTIONAL INTEREST RATES ONLY this is for buyers with a
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Weekly Interest Rate Report by REALTOR® Gary Simmens
Dated: 04/23/2020
Views: 197
Weekly Interest Rate Report by Gary Simmens Realtor with KW -
CONVENTIONAL INTEREST RATES ONLY this is for buyers with a 720 FICO score
on average. Lower FICO may be higher some. Higher FICO may be lower some.
| | 04/23/20 (most recent)| Average Rate| Points & Fees| Margin ---|---|---|--- 30-Year Fixed Rate| 3.33%| 0.7| N/A 15-Year Fixed Rate| 2.86%| 0.7| N/A 5/1-Year ARM| 3.28%| 0.3| 2.75
| 04/16/20 (previous week)| Average Rate| Points & Fees| Margin ---|---|---|--- 30-Year Fixed Rate| 3.31%| 0.7| N/A 15-Year Fixed Rate| 2.80%| 0.7| N/A 5/1-Year ARM| 3.34%| 0.3| 2.75
| “Mortgage rates have stabilized over the last few weeks as the market searches for direction in the fog of economic data. While financial markets initially rallied on the news of Federal Reserve support and are improving due to the Senate’s passage of a new small business stimulus, we continue to see a deep economic contraction amidst uncertainty about the recovery formation.”
– Sam Khater, Chief Economist, Freddie Mac
Here to help when your ready, just call my cell below.Stay safe and well. Gary.
Gary D. Simmens Broker/Associate 40 Plus Years Experience.
NJAR Distinguished Sales Club and Top 10 Honors Award. Keller Williams Atlantic Shore Realtors Office: 609-484-9890 Direct line: 609-338-1339 cell Email: SimmensRealtor@gmail.com Helpful Website: http://www.GarySimmens.com
Gary Simmens
Licensed since 18 years young, and a broker honors in NJ since his early 20`s, Gary has now, over 44 years experience, diversified in all aspects in real estate, including owning two offices and ma…
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