December 20, 2024

Mortgage Rates @ 23 Year High

Wow, it was just last week I reported that home interest rates hit a 22-year high. Well, unfortunately I have to report this week that home interest rates just surged to a 23-year high!

Mortgage Rates - Arizona real estate market

A report from Freddie Mac showed that the average 30-year fixed mortgage increased to 7.31% from 7.19% , just last week.

Mortgage Rates @ 23 Year High

Mortgage Rates @ 23 Year High - San Diego View Home for Sale

This is the highest interest rate since mid-December 2000.

Also from the Mortgage Bankers Association (MBA) survey: home mortgage applications were down 2% from the prior week. Lastly this survey showed that home purchase demand was off by 27% from the same week a year ago.

 

Mortgage Rates @ 23 Year High

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    www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!

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  • Also available, much smaller aged websites (not just urls)  for Real Estate agents and brokers in California.  Yes, since I’m retired from Real Estate now I have a number of websites that are available that you can use for readings to your main site.  The following  real estate  area sites are available but subject to prior sale,  without notice:  San Diego, downtown San Diego, Del Mar, Encinitas, Orange County,  and Los Angeles. If you’d like to purchase any of these sites with all the content included, you can get them at a Bargain Basement price.  Please contact me if you’d like further details.
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  • DISCLAIMER:

    Some of the links in this description and in our videos may be affiliate links, and pay a small commission if you use them, but never increase the basic cost. I really appreciate the support. The content in my Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. I am a not financial adviser. I only express my opinions based on my experiences. Your experience may be quite different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on any investments. My produced videos are for entertainment purposes ONLY. DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer, financial advisor, or the appropriate professional for the subject you would like help with.

  • Although no longer a licensed California real estate broker, Bob’s 30 plus years of experience in the real estate industry with all the contacts that he has developed,  he is able to provide referrals to the top real estate professionals in any state within the United States.  So, although you can’t get Bob to represent you personally, Bob can select a top real estate professional with years and years of experience to ensure that you get the best possible representation.