Search This Blog

Friday, February 1, 2019

Mortgage Rates Inch Up, But Don’t Be Worried, #TimeToBuy

Mortgage Rates Inch Up, But Don’t Be Worried, #TimeToBu: Mortgage Rates Inch Up, But Don’t Be Worried, #TimeToBuy #ChrisBJohnsonRealtor,The Federal Reserve voted to leave interest rates unchanged Wednesday and BY 
Real Estate Agent with Allison James Elite CA. BRE 01501699
 
The Federal Reserve voted to leave interest rates unchanged Wednesday and signaled that it’s not in any hurry to resume raising rates in 2019. Fed Chairman Jerome Powell used words like “patient” to describe the Fed’s latest approach to increases. His change in tone follows four rate hikes last year. The Fed’s benchmark rate is not directly tied to mortgage rates but does often influence them. 
After weeks of moderating, mortgage rates moved up slightly this week. But aspiring home buyers may be able to breathe a sigh of relief: Freddie Mac economists revised their forecasts this week to predict 30-year fixed-rate mortgages to average below the 5 percent threshold for at least the next two years.
That will bode well for the housing market, which has become very rate sensitive. With mortgage rates slightly up this week, purchase applications for mortgages fell this week after soaring early this year, notes Sam Khater, Freddie Mac’s chief economist.
“However, softening house price appreciation along with increasing inventory of homes on the market—and historically low mortgage rates—should give a boost to the spring homebuying season,” Khater says.
The following are the national averages with mortgage rates for the week ending Jan. 31:
  • 30-year fixed-rate mortgages: averaged 4.46 percent, with an average 0.5 point, rising from last week’s 4.45 percent average. Last year at this time, 30-year rates averaged 4.22 percent.
  • 15-year fixed-rate mortgages: averaged 3.89 percent, with an average 0.4 point, increasing from last week’s 3.88 percent average. A year ago, 15-year rates averaged 3.68 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 3.96 percent, with an average 0.3 point, rising from last week’s 3.90 percent average. A year ago, the 5-year ARM averaged 3.53 percent.
Source: 
POSTED BY

2 comments:

  1. https://www.google.com/analytics/web/#home/a69066132w111663562p116541675/
    #ChrisBJohnsonRealtor
    https://chrisbjohnsonrealtor.allisonjamesinc.com/ask/f3dbcb3921f86f5ee5557c696489bc96
    5 Star Rated REALTOR #ChrisBJohnsonREALTOR
    https://youtu.be/p4-VfR1DJNA
    Sell Your Home For More and Pay Less Using A 5 Star Rated Realtor
    https://youtu.be/CRCXLh4EycU

    https://biteable.com/watch/sell-for-more-pay-less-chrisbjohnsonrealtor-1959786/afffdc699004f8b15891489c4de17b4cbd4e3a75
    https://biteable.com/watch/xome-super-seller-1954842
    https://www.ratemyagent.com/real-estate-agent/chris-b-johnson-xu316/reviews
    http://www.VCNeighborhoodValues.com
    http://www.ChrisBJohnsonRealtor.AllisonJamesInc.com/blog.php
    http://www.ChrisBJohnsonRealtor.AllisonJamesInc.com/
    http://my.flexmls.com/ChrisBJohnsonRealtor IDX
    https://www.xome.com/auctions/agent-listings/Chris-Johnson/11009531
    https://drive.google.com/file/d/0Bzia-m_p1JFMMVMzSGZFdmNYV28/view?usp=sharing
    http://www.simplifyingthemarket.com/?a=97822-26df5ea08f8689012df0225866ae0bf1
    https://www.linkedin.com/today/author/chrisbjohnson
    https://www.linkedin.com/in/chrisbjohnson/detail/recent-activity/posts/
    https://www.linkedin.com/pro/chrisbjohnson
    http://www.linkedin.com/in/chrisbjohnson
    https://activerain.com/profile/chrisbjohnson
    https://activerain.com/blogs/chrisbjohnson
    https://www.youtube.com/c/ChrisBJohnsonRealtor
    http://chrisbjohnsonrealtorluxuryhomes.blogspot.com/
    http://www.google.com/+ChrisBJohnsonRealtor
    http://www.google.com/+ChrisBJohnsonRealtorMoorpark
    http://www.google.com/+ChrisbjohnsonrealtorMoorparkShortSaleRealtor
    https://moorpark-short-sale-specialist.business.site
    https://chris-b-johnson-realtor.business.site/
    http://www.facebook.com/ChrisBJohnsonRealtor
    http://www.ChrisBJohnsonRealtor.com
    http://www.twitter.com/CBJRealtor
    https://www.pinterest.com/chrisbjohnsonre/
    https://www.instagram.com/chrisbjohnsonrealtor/
    https://search.google.com/local/posts?q=Moorpark+Short+Sale+Specialist&ludocid=5817891684567616689#lkt=LocalPoiPosts&lpstate=pid:249604486823837412&trex=m_t:lcl_akp,rc_f:nav,rc_ludocids:5817891684567616689
    https://www.google.com/search?q=Chris+B+Johnson+Realtor&ludocid=5798838494712077139&_ga=2.159473401.537763112.1546635339-659962020.1513365692#lkt=LocalPoiPosts&trex=m_t:lcl_akp,rc_f:nav,rc_ludocids:5798838494712077139

    ReplyDelete
  2. https://www.google.com/analytics/web/#home/a69066132w111663562p116541675/
    #ChrisBJohnsonRealtor
    https://chrisbjohnsonrealtor.allisonjamesinc.com/ask/f3dbcb3921f86f5ee5557c696489bc96
    5 Star Rated REALTOR #ChrisBJohnsonREALTOR
    https://youtu.be/p4-VfR1DJNA
    Sell Your Home For More and Pay Less Using A 5 Star Rated Realtor
    https://youtu.be/CRCXLh4EycU

    https://biteable.com/watch/sell-for-more-pay-less-chrisbjohnsonrealtor-1959786/afffdc699004f8b15891489c4de17b4cbd4e3a75
    https://biteable.com/watch/xome-super-seller-1954842
    https://www.ratemyagent.com/real-estate-agent/chris-b-johnson-xu316/reviews
    http://www.VCNeighborhoodValues.com
    http://www.ChrisBJohnsonRealtor.AllisonJamesInc.com/blog.php
    http://www.ChrisBJohnsonRealtor.AllisonJamesInc.com/
    http://my.flexmls.com/ChrisBJohnsonRealtor IDX
    https://www.xome.com/auctions/agent-listings/Chris-Johnson/11009531
    https://drive.google.com/file/d/0Bzia-m_p1JFMMVMzSGZFdmNYV28/view?usp=sharing
    http://www.simplifyingthemarket.com/?a=97822-26df5ea08f8689012df0225866ae0bf1
    https://www.linkedin.com/today/author/chrisbjohnson
    https://www.linkedin.com/in/chrisbjohnson/detail/recent-activity/posts/
    https://www.linkedin.com/pro/chrisbjohnson
    http://www.linkedin.com/in/chrisbjohnson
    https://activerain.com/profile/chrisbjohnson
    https://activerain.com/blogs/chrisbjohnson
    https://www.youtube.com/c/ChrisBJohnsonRealtor
    http://chrisbjohnsonrealtorluxuryhomes.blogspot.com/
    http://www.google.com/+ChrisBJohnsonRealtor
    http://www.google.com/+ChrisBJohnsonRealtorMoorpark
    http://www.google.com/+ChrisbjohnsonrealtorMoorparkShortSaleRealtor
    https://moorpark-short-sale-specialist.business.site
    https://chris-b-johnson-realtor.business.site/
    http://www.facebook.com/ChrisBJohnsonRealtor
    http://www.ChrisBJohnsonRealtor.com
    http://www.twitter.com/CBJRealtor
    https://www.pinterest.com/chrisbjohnsonre/
    https://www.instagram.com/chrisbjohnsonrealtor/
    https://search.google.com/local/posts?q=Moorpark+Short+Sale+Specialist&ludocid=5817891684567616689#lkt=LocalPoiPosts&lpstate=pid:249604486823837412&trex=m_t:lcl_akp,rc_f:nav,rc_ludocids:5817891684567616689
    https://www.google.com/search?q=Chris+B+Johnson+Realtor&ludocid=5798838494712077139&_ga=2.159473401.537763112.1546635339-659962020.1513365692#lkt=LocalPoiPosts&trex=m_t:lcl_akp,rc_f:nav,rc_ludocids:5798838494712077139

    ReplyDelete