Mortgage • December 7, 2020

How many all time low rates this year?

by Brandon Bidwell

For the 14th time this year, 30-year mortgage rates set a record and hit an all-time low.

Based on data just released by Freddie Mac, rates are now at 2.71%. Their weekly survey of the 30-year mortgage rate dates back to 1971.

Just one year ago rates were at 3.68%.

So, what does this mean for buyers?

Based on a $400,000 loan, current rates result in a monthly payment that would be $212 less than one year ago.

Economic • Market Data • July 22, 2020

Consumer Confidence in Housing Survey

by Brandon Bidwell

This week Chief Economist, Matthew Gardner, dives into the most recent National Housing Survey results which tell us a lot about consumer confidence both pre- and post-COVID and whether or not they feel this is a good time to buy or sell a home. The results might surprise you.