Mortgage Rates Move Lower-For Raleigh Triangle Area-Chapel Hill-Apex-Holly Springs-Cary-Durham

Mortgage Rates Fall Below 3%
Posted by James Brooks on Friday, July 17, 2020 at 9:17 AM By James Brooks / July 17, 2020 Comment

Some Highlights

  • Mortgage rates hit another all-time low, falling below 3% this week.
  • If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment.
  • Let’s connect today to determine your best next steps toward homeownership.
...

Interest Rates Hover Near Historic All-Time Lows
Posted by James Brooks on Friday, May 22, 2020 at 9:10 AM By James Brooks / May 22, 2020 Comment

Some Highlights

  • Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level.
  • Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan.
  • Let’s connect to determine the best way to position yourself for a move in today’s market.
...

Mortgage Rates Move Lower
Posted by James Brooks on Thursday, March 21, 2019 at 4:06 PM By James Brooks / March 21, 2019 Comment

MCLEAN, Va., March 21, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that mortgage rates dropped with the beginning of spring homebuying season.

Sam Khater, Freddie Mac’s chief economist, says, “Mortgage rates have dipped quite dramatically since the start of the year and house prices continue to moderate, which should help on the homebuyer affordability front. The combination of improving affordability and more inventory than the last few spring selling seasons should lead to improved home sales demand.”

News Facts