Government Shutdown Effects on Real Estate

get link With interest rates steadily rising, the government shutdown has caused a slight dip in interest rates to its lowest figures in four months.  For the week ending October 3, national averages of mortgage rates went down for a third straight week.  Freddie Mac reports the following averages:

go here Sildenafil Citrate billigt sverige 30-year fixed: 4.22%
see url 15-year fixed: 3.29%

source link These are approximately 0.5-0.75% higher than the rates 12 months ago, which we all know were historically low.

go to link The other big effect is most FHA, USDA, and VA loans are experiencing delays in closing since the… government… is… shut… down.  Trust me, it’s not that obvious to everyone.

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