GR EG K IME
7855 Ronda Drive | Canton, MI 48187
TIFFANY PARK & CASTLE GARDENS
Broker, Owner Greg@KimeRealty.com
WENDY KIME Associate Broker, Owner Wendy@KimeRealty.com
REAL ESTATE MARKET REPORT • AUGUST 2019 Prepared Especially for
734.224.5699
JONATHAN AND ANGELA-MARIE WILLIAMS Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
2019 INTEREST RATES HAVE DROPPED
Freddie Mac 30-Year Fixed Rate
“
If the 30-year, fixed-rate mortgage declines just a fraction more, consumer house-buying power would reach its highest level in almost 20 years. – Mark Fleming First American’s Chief Economist
“
Interest rates for a 30-year fixed rate mortgage have been on the decline since November.
3.9% 3.9% 3.9% 3.9% 2019 Q3
4/5 5/3
6/7 7/5 8/2
2020 Q1
2020 Q2
Where Are They Going?
Source: www.freddiemac.com
1/4 2/1 3/1
2019 Q4
9/6 10/411/1 12/6 1/3 1/31 3/7 4/4 5/2
6/6 7/3
JONATHAN AND ANGELA-MARIE,
Call us today at 734.224.5699 to find out how the changing interest rates can benefit you as a buyer or seller in 2019 and 2020.
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