The economy is slowing a bit but the good news is last week the average 30-year fixed-rate mortgage declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. With employment at a high this is good news for the real estate market. Spring and summer should be strong!
Market Seems More Balanced
