Kushman & Wickfield, head of global brokerage, is discussing the influence of President Donald Trump on commercial real estate and how Americans deal with real estate mortgage rates by 7 %.
Mortgage rates I moved slightly less this week, but long -term rates are still high in the upper 6 % range.
The latest survey in the mortgage market in Freddy Mac, which was released on Thursday, showed that the average price is on the index A stable mortgage for 30 years It decreased to 6.89 % of last week’s reading by 6.95 %. The average loan price for 30 years was 6.64 % per year.
The high mortgage rates decrease demand in the housing market. (Justin Sullivan / Getty Emokires / Getty Emoz)
“The real estate mortgage rates were stable during the past month, and the data received indicate that the economy is still in full swing,” said Sam Khatter, the chief economist in Freddy Mac. “Although the rates are higher compared to last year, the last two weeks of purchase requests are modestly higher than what we saw a year ago, indicating some of the inherent demand in the market.”
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The average fixed mortgage rate decreased for 15 years to 6.05 % from 6.12 % last week. One year ago, the average fixed observation rate for 15 years reached 5.9 %.
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