June Real Estate Roundup

Freddie Macs results of its Primary Mortgage Market Surveyreg; shows that "while the industrial and trade >

bull; 30-year fixed-rate mortgage FRM averaged 3.73 percent with an average 0.5 points for the week ending June 27, 2019, down from last month when it averaged 4.06 percent. A year ago, at this time, the 30-year FRM averaged 4.55 percent.

bull; 15-year FRM this week averaged 3.16 percent with an average 0.5 points, down from last month when it also averaged 3.51 percent. A year ago, at this time, the 15-year FRM averaged 4.04 percent.

bull; 5-year Treasury-indexed hybrid adjustable-rate mortgage ARM averaged 3.39 percent this week with an average 0.4 points, down from last month when it averaged 3.68 percent. A year ago, at this time, the 5-year ARM averaged 3.87 percent.