Mortgage Rates Trickle Lower
WRE NEWS June 22, 2025
Buyer
WRE NEWS June 22, 2025
Buyer
Mortgage rates continued to inch down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC).
The 30-year fixed-rate mortgage averaged 6.81% as of June 18, down from last week when it averaged 6.84%. A year ago at this time, it averaged 6.87%.
The 15-year fixed-rate mortgage averaged 5.96%, slightly down from last week when it averaged 5.97%. A year ago at this time, it averaged 6.13%.
“Mortgage rates moved lower, with the average 30-year fixed rate reaching a four-week low,” said Sam Khater, Freddie Mac’s Chief Economist. “More available inventory to choose from, coupled with this week’s decline in mortgage rates, could be the spark to get potential homebuyers off the sidelines.”
Stay up to date on the latest real estate trends.
Buyer
June 23, 2025
Buyer
June 23, 2025
Revealing the hidden dangers lurking in your foundation after heavy rain.
Lifestyle
June 22, 2025
While anyone with a fence surrounding their property can let their dogs roam free without the fear of them running away (or worse), those without property pet security… Read more
Buyer
June 22, 2025
Mortgage rates continued to inch down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC).
Buyer
June 22, 2025
California recorded 254,190 closed escrow sales of existing, single-family detached homes in May, according to data from the California Association of Realtors (CAR).
Buyer
June 21, 2025
In welcome news for house hunters, the domestic housing market is beginning to show signs of becoming more buyer-friendly, with cooling prices and a growing number of … Read more
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today