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Diana Walton

Diana Walton Properties

Diana Walton Home Buyer's & Sellers Blog

Diana Walton Home Buyer's Blog is a comprehensive dialogue designed to keep you informed with up to the minute information to help you make informed decision regarding your real estate goals.

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Mortgage Rates In a Minute

November 27th, 2017

Mortgage rates were largely unchanged this week as job growth continues to help more people buy new and existing homes.

The average for the benchmark 30-year fixed-rate mortgage increased just 1 basis point, or 0.01 percent, from the previous week.

That's good news for potential homebuyers who were waiting on the sidelines after rates jumped last week. With solid job growth lately, more people are able to get a mortgage or refinance their home.

Job growth "is starting to slowly push up wages, which is in turn giving households added assurance that now is a good time to buy a home," says Lawrence Yun, chief economist at the National Association of Realtors.

Diana Walton Licensed Real Estate Advisor Mobile: 281.923.1118 281.715.0064

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORSĀ®
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