LOOK! :) FABULOUS MONEY SAVING LOW INTEREST RATES! from Gary Simmens
LOOK! :) FABULOUS MONEY SAVING LOW INTEREST RATES! See the homes for saleat helpful website: www.GarySimmens.com
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LOOK! :) FABULOUS MONEY SAVING LOW INTEREST RATES! from Gary Simmens
Dated: October 23 2020
Views: 16
LOOK! :) FABULOUS MONEY SAVING LOW INTEREST RATES! See the homes for sale
at helpful website: www.GarySimmens.com See the lower rates below!
| Weekly Mortgage Market Report for the week ending on October 22, 2020
| 
| ** Average weekly rate data as provided by the Freddie Mac Primary Mortgage Market Survey®**
| 10/22/20 (most recent)| Trending| Average Rate| Points & Fees| Margin ---|---|---|---|--- 30-Year Fixed Rate| ▼ down****| 2.80%| 0.6| N/A 15-Year Fixed Rate| ▼ down****| 2.33%| 0.6| N/A 5/1-Year ARM| ▼ down****| 2.87%| 0.3| 2.75 | 10/15/20 (previous week)| Average Rate| Points & Fees| Margin ---|---|---|--- 30-Year Fixed Rate| 2.81%| 0.6| N/A 15-Year Fixed Rate| 2.35%| 0.5| N/A 5/1-Year ARM| 2.90%| 0.2| 2.75
The data presented above are the exact published results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) and are provided for informational purposes only. The data are not rate quotes and are not intended as an advertisement of interest rates as defined by Regulation Z, Section 1026.2. Mortgage Rates Continue to Trend Down “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so. Mortgage rates today are on average more than a full percentage point lower than rates over the last five years. This means that most low- and moderate-income borrowers who purchased during the last few years stand to benefit by exploring refinancing to lower their monthly payment.” – Sam Khater, Chief Economist, Freddie Mac
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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