Can this be a trend? Interest rates have fallen a small amount and held steady for the past month. Average mortgage rates are at a 4-week low. According to Freddie Mac’s weekly survey of lenders, the average 30-year mortgage rate remained at 6.77%, the lowest level in a month. This is good news for homebuyers who are postponing the purchase of their first home, relocating, adding more space, or downsizing. Additionally, in many areas of Florida, the average home price has also fallen.
If you would like to know what the statistics are for a particular area, call, email or text me.
Dorothy Flair, Realtor
Coldwell Banker Realty
813-239-7892
dorothy.flair@cbrealty.com
dorothyflair.com