{"id":84,"date":"2019-08-27T18:36:56","date_gmt":"2019-08-27T18:36:56","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=84"},"modified":"2019-08-27T18:36:58","modified_gmt":"2019-08-27T18:36:58","slug":"whats-the-latest-on-interest-rates","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/whats-the-latest-on-interest-rates\/","title":{"rendered":"What\u2019s the Latest on Interest Rates?"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"750\" height=\"410\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-Share-KCM.jpg\" alt=\"\" class=\"wp-image-85\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-Share-KCM.jpg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-Share-KCM-300x164.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<p>Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"768\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-MEM-1024x768.jpg\" alt=\"\" class=\"wp-image-86\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-MEM-1024x768.jpg 1024w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-MEM-300x225.jpg 300w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-MEM-768x576.jpg 768w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/08\/20190827-MEM.jpg 1738w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>According to&nbsp;<em>Freddie Mac\u2019s&nbsp;<\/em><a href=\"https:\/\/freddiemac.gcs-web.com\/news-releases\/news-release-details\/mortgage-rates-drop-significantly\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Primary Mortgage Market Survey<\/em><\/a><em>,<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201c<em>the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016.<\/em>\u201d<\/p><\/blockquote>\n\n\n\n<p>Sam Khater,&nbsp;<em>Chief Economist&nbsp;<\/em>at<em>&nbsp;Freddie Mac,&nbsp;<\/em>notes how this is great news for homebuyers. He states,<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><em>\u201c\u2026consumer sentiment remains buoyed by a strong labor market and low rates that will continue to drive home sales into the fall.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<p>As a potential buyer, the best thing you can do is work with a trusted advisor who can help you keep a close eye on how the market is changing. Relying on current expert advice is more important than ever when it comes to making a confident and informed decision for you and your family.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h3>\n\n\n\n<p>Even a small increase (or decrease) in interest rates can impact your monthly housing cost. If buying a home is on your short list of goals to achieve, let\u2019s get together to determine your best move.<\/p>\n\n\n\n<p><a href=\"https:\/\/phphouses.com\/\">PHP Houses<\/a><br>142 W Lake Mary Blvd<br>Ste 1030<br>Lake Mary FL 32746<br>Ph: (407) 519-0719<br>Fax: (407) 205-1951<br>email:&nbsp;<a href=\"https:\/\/phphouses.com\/contact.html\">info@phphouses.com<\/a><\/p>\n\n\n\n<p>Connect with Us:<br><a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br><a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br><a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br><a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to&nbsp;Freddie Mac\u2019s&nbsp;Primary Mortgage Market Survey, \u201cthe 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has&hellip; <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/whats-the-latest-on-interest-rates\/\">Finish Reading<span> What\u2019s the Latest on Interest Rates?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[15,10,18,25,9,20,5,13,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/84"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=84"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/84\/revisions"}],"predecessor-version":[{"id":87,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/84\/revisions\/87"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=84"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=84"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=84"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}