Freddie Mac: Mortgage Rates Remain Stable

According to Freddie Mac,  mortgage interest rates have been steadily declining since the start of 2019. The housing market has faced many challenges the last few months, but our strong labor market and low mortgage rates have led to stability in the mortgage rates.

30-Year Fixed Rate Mortgage is at 4.08%, down .32 from 1 year ago.

15-Year Fixed Rate Mortgage was reported at 3.56%, down .31 from this time 2018.

5/1-Year ARM is at 3.66%, up .04 from one year ago.

Looking to buy a home, or refinance your current home? Call the Seay Realty Group today! 214.636.8485