Mortgage Rates, Still Low, Bring Rising Sales
The November-December 2019 Market Pulse offers a glimpse at the current state of the housing market.
November - December
The average rate for a 30-year conventional fixed-rate mortgage fell to 3.62% in August, from 3.77% in July. Meanwhile, total existing-home sales rose 1.3% in August to a seasonally adjusted annual rate of 5.49 million.
Click the photo above to see NAR's statement on September existing-home sales.
Updated: November 15, 2019