Morning Minute: Mortgage rates fall during government shutdown

A side effect of the ongoing federal government shutdown has been a drop in fixed mortgage rates, the National Association of REALTORS® and Freddie Mac report. Last week for the third straight week, rates were lower with the 30-year, fixed-rate mortgage falling to 4.22 percent, the lowest level since June 20, 2013. Read the release from Freddie Mac.

In other headlines:

September home prices up for 5th consecutive month – WREX Rockford

Channahon pondering housing issues – The Herald-News

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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