Monthly Market Update - September 2018
The big news in real estate at the end of September 2018 was that mortgage rates reached a seven year high as they continued an upward trend they started at the beginning of this year. Rates are expected to continue to rise into next year and beyond. While the base rate is at 4.71% as of today (according to FreddieMac.com), it is important to remember that most people are receiving rates in the mid- to high 5% range or even in the low 6%. Unfortunately googling interest rates