Thanks to friends, clients for letting me have a decent year in real estate. 2020 has been a crazy year with Covid 19 and shut down setbacks, but we are getting it done right and on time, with the
Holiday season--Great time to buy or sell or refi a property- Check out the low rates!---by Gary Simmens
Dated: December 10 2020
The data presented above are the exact published results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) and are provided for informational purposes only. The data are not rate quotes and are not intended as an advertisement of interest rates as defined by Regulation Z, Section 1026.2.
Mortgage Rates Remain Flat
“Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher. Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – are declining from their elevated levels earlier this year. Although today's mortgage spread is about 1.8 percent and still has some room to move down if the 10-year Treasury continues to rise, it's encouraging to see that the spread is almost back to normal levels.”
– Sam Khater, Chief Economist, Freddie Mac
Licensed since 18 years young, and a broker honors in NJ since his early 20`s, Gary has now, over 44 years experience, diversified in all aspects in real estate, including owning two offices and ma....
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WASHINGTON (AP) — U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021.The year opens against the continuing backdrop of damage from the
Weekly Mortgage Market Reportfor the week ending on December 10, 2020Average weekly rate data as provided by the Freddie Mac Primary Mortgage Market Survey®12/10/20(most recent