Morning Minute: Mortgage rates move back down this week

Good news to share with potential homebuyers: fixed mortgage rates moved lower this week and continue to be historically low, Freddie Mac reports today. The 30-year, fixed rate mortgage averaged 4.13 percent this week and the 15-year, fixed averaged 3.23 percent.

In other headlines:

Market a Smart Home Smartly – REALTOR® Magazine

Chicago slowly, but steadily, increasing construction activity – REJournals

U.S. foreclosures fall, but on rise in Chicago – Chicago Tribune

 

This entry was posted in Consumer Information, Housing Market 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.