Existing home sales resumed an upward trajectory in September. The National Association of Realtors® (NAR) said sales of pre-owned houses rose 7%, although this still left them 2.3% behind the pace in September 2020.
Mortgage rates reached another seasonal high, as the 30-year fixed rate climbed further upward over the past week. The average fixed rate mortgage came in at 3.09% for the seven-day period ending Oct. 14, its highest point since April. The data comes from Freddie Mac’s Primary Mortgage Market Survey.
The markets are looking ahead to the November 3 Fed meeting where a taper announcement seems likely. Rates may be revisiting pre-pandemic levels over the next few months as the Fed starts to scale back purchases, affected by inflation far hotter than that in February 2020.
For loans closing soon or that can’t afford to lose any pricing, consider locking in now.
成屋销售在 9 月份恢复了上升趋势。全国房地产经纪人协会® (NAR) 表示，二手房的销售额增长了 7%，但仍比 2020 年 9 月的增速落后 2.3%。
随着过去一周 30 年期固定利率进一步攀升，抵押贷款利率再创新高。在截至 10 月 14 日的 7 天内，平均固定利率抵押贷款利率为 3.09%，为 4 月以来的最高点。数据来自房地美的主要抵押贷款市场调查。
市场期待 11 月 3 日美联储会议，届时可能会宣布缩减规模。随着美联储开始缩减购买规模，利率可能会在未来几个月重新回到疫情前的水平，而通胀的影响远高于 2020 年 2 月。
|Daily rate based on: SFR/Primary/LTV60/FICO 780/Purchase
|IMPORTANT: Advertised rates were valid and effective as of the date reflected above, are for informational purposes only, and are subject to change without notice.
Loans are subject to credit and collateral approval. Advertised rates are based on a set of loan assumptions including a borrower with excellent credit history and optimal loan characteristics. Your final interest rate and annual percentage rate (APR) may differ depending on your individual transaction’s specific characteristics, and certain products may not be available for your situation. Several determining factors include, but are not limited to, the state of the property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value, and credit score.
APR reflects the cost of credit over the term of the loan expressed as an annual rate. For mortgage loans, APR may include the interest rate, discount points (also referred to as “points”), and other charges or fees (such as mortgage insurance and origination fees), but does not necessarily take into account other loan-specific finance charges you may be required to pay.