The interest rate for the 30-year fixed-rate mortgage averaged 3.9% for 2019, the fourth lowest annual average since 1971, according to Freddie Mac. For 2020, Freddie’s outlook mirrors that of the real estate industry’s top economists, who discussed their predictions at the National Association of REALTORS®’ first-ever Real Estate Forecast Summit earlier this month: Low mortgage rates and an improving economy will help drive steady home sales, construction, and increases in home prices.

Full Article here: 2019 Mortgage Rates Were Lowest in Nearly 50 Years

#RealEstate  #AustinHomes  #RobertKauffmanTeam  #MoveToAustin  #Relocate  #RelocateToAustin  #AustinHomeBuyers  #AustinHomeSellers  #AustinJobs  #AustinRealEstate  #HomeForSaleAustin

(512) 853-0110 or robert@AustinTxHomeSales.com

If you are unable to open the link/article above, please let me know so I can get it to you another way.