Redfin CEO Glenn Coleman opens the housing market situation at Baron Roundtable.
The loan rate dropped to the lowest level of December for a consecutive week, Mac Mac Monitor Buyer He said Thursday
The latest initial survey of the individual mortgage market, released on Thursday, showed that the average of 30 years of fixed loan has dropped 6.76 % to 6.63 % since last week's study. The average loan rate of 30 years was 6.88 % last year.
“The 30 -year loan saw the most weekly decline since mid -September,” said Sam Khalechi, Freddie Mc. Senior economist
A “for sale” mark at a house in Philadelphia August 16224. (Joe Lambert / Bloomberg through Getty Images / Getty Images)
The loan rate falls to the lowest level over the course of more than 2 months
“Reducing the rate will increase the purchasing power of future homeowners and need to provide a strong incentive to make the move,” Khale said. “In addition, these declines are currently providing some of the existing home owners to provide credit. In fact, the share of market mortgages published this week has reached 44 %, which has the highest level since mid -December.”
US Waiting for home sales in January is a low record
“The 30 -year loan had the highest weekly decline since mid -September,” said Sam Kashk Caster. (Steve Pfost / Newsday RM through Getty Images / Getty Images)
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The average of 15 years of fixed loan fell from 5.94 % to 5.79 % last week. One year ago, the rate in 15 -year -old fixed note On average 6.22 %.