Weekly Mortgage Rate Update
Political headlines were the main influence on mortgage rates this week and caused a great deal of volatility. Stronger than expected economic data also was a factor. The positive and negative news was offsetting, however, and mortgage rates ended the week with little change.
THIS WEEK'S RATE TREND IS FLAT
#TimeToSell #ChrisBJohnsonRealtor #SellersPayZEROCommission #ListYourHomeandPayNoCommission
Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve. I would also lose touch with my past clients and would not be available to help where needed....Median Days on the Market Drops to 34! [INFOGRAPHIC]
![Median Days on the Market Drops to 34! [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2017/11/30154843/20171201-Days-on-the-Market-STM-1046x1354.jpg)
Some Highlights:
- The National Association of REALTORS® surveyed their members for their Confidence Index.
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
- Homes sold in less than 60 days in 44 out of 50 states, and Washington D.C.
- Homes typically went under contract in 34 days in October!
