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Weekly Mortgage Interest Rate Report September 17, 2015
Monthly Archives: September 2015
Mortgage rates largely steady ahead of Fed decision
Mortgage rates were little changed ahead of the Federal Reserve’s key rate decision next week, mortgage buyer Freddie Mac said Thursday. The 30-year fixed rate mortgage averaged 3.90% in the week ending Sept. 10, up from 3.89. The 15-year fixed-rate mortgage averaged 3.10%, up from 3.09%, and the 1-year Treasury-indexed adjustable rate mortgage averaged 2.63%, up from 2.62%. The 5-year Treasury-indexed hybrid ARM averaged 2.91%, down from 2.93%.
Weekly Mortgage Interest Rate Report September 10, 2015
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ARMLS RENT Check™ – September, 2015
Median Lease: $1,250 vs $1,295, Month-over-Month -3.47%
Average Lease: $1,425 vs $1,449, Month-over-Month -1.66%
Average Days on Market: 27 vs 26, Month-over-Month +3.85%
Rent Check Quotient™: 2:5 vs 2:5, Month-over-Month Flat
Closed Rental: 2,883 vs 3,144, Month-over-Month -8.30%
Rental market has been strong this year until August. Year-over-Year it is 650 lease less for the month of August. However, it is still above Y-T-D average of 2,790.
All above stats are for single family homes rentals. Condominium and apartment rentals are not included.
Weekly Mortgage Interest Rate Report September 3, 2015
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