Mortgage Rates Drop at Yearend
December 23, 2021
The market volatility resulting from the COVID-19 Omicron variant is causing mortgage rates to decrease.
As the year comes to a close, the housing market is proceeding steadily. However, rates are expected to increase in 2022 which will impact homebuyer demand as well as refinance activity.
Courtesy of Freddie Mac Primary Mortgage Market Survey
Mortgage Rates Drop at Yearend According to Freddie Mac Primary Mortgage Market Survey
Try the mortgage calculator below to see what a monthly payment may look like for you.
[optima_express_mortgage_calculator]
Looking to Refinance?
Here are some lenders who may be able to help you explore some options
Harry Brousaides of Northstar Mortgage
Thea Simolari of Mortgage Network
Source: Freddie Mac Primary Mortgage Market Survey
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About Realtor Michael Mahoney
Michael Mahoney | Realtor® | 617-615-9435 | mike@mmahoney.com
I am Michael Mahoney, a full-time Realtor® in the Boston area affiliated with Century 21. I have been a Boston area Realtor® since late 2001.
It’s my mission to help people realize their form of the “American Dream” using homeownership, real estate wealth building, and real estate investment as cornerstone of their financial foundation.
I work in all price points. The majority of my business is repeat clients and the referral of clients from all over Eastern Massachusetts.
I view my role as the advisor who helps people go from the life they have to the life they dream about. I have sold everything from mobile homes to amazing estates. I have sold hundreds of homes in almost every town in Suffolk and Norfolk County. I also sell homes in Plymouth, Bristol and Middlesex Counties. When asked what my specialty is, I often joke and say “from section eights”.
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Michael Mahoney, Realtor® does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Michael Mahoney will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
