Average 30-year mortgage rates dip below 3% for first time in 50 years

The average 30-year fixed-rate mortgage was reported at 2.98%, down from 3.03%. It's the first time the rate fell below 3$ since Freddie Mac began tracking weekly rates in 1971 BY PATRICK KEARNS | 

The average mortgage rate for a 30-year fixed-rate mortgage fell below 3 percent for the first time Freddie Mac began tracking weekly rates in 1971. The average 30-year fixed-rate mortgage was reported at 2.98 percent, down from 3.03 percent last week.

“Mortgage rates fell below 3 percent for the first time in 50 years,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “The drop has led to increased homebuyer demand, and…

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Congratulations to PollyAnna Snyder and Stacy Ossorio for their production and recognition by Newsweek!

Searching for your home sweet home can be daunting. The long list of "musts" and "wants" paired with limits of price range and location make it difficult to sort through the many homes listed for sale. The most successful realtors are the ones who alleviate your stress by showing that they have your best interests in mind: the ones who make you feel they are truly working for you.

That's why it's good to know which realtors have a record of success - especially in today's fluctuating housing market. Newsweek partnered with REAL Trends –the trusted source of news, analysis, and information on the residential brokerage industry since 1987– to sort…

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Market data affecting (or not) today’s mortgage rates

From an article on The Mortgage Report

Are mortgage rates again aligning more closely with the markets they traditionally follow? It’s too soon to be sure. But, if you’re ready to take your cue from them, things are looking OK for mortgage rates today. Here’s the state of play this morning at about 9:50 a.m. (ET). The data, compared with roughly the same time yesterday morning, were:

  • The yield on 10-year Treasurys fell to 0.67% from 0.70%. (Good for mortgage rates.) More than any other market, mortgage rates normally tend to follow these particular Treasury bond yields, though less so recently
  • Major stock indexes were mostly lower. (Good for mortgage rates.) When investors are buying…

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4TH ANNUAL BIG SKY ARTISAN FESTIVAL

  • DETAILSDate: Jul 4, 2020
    Location: Meadow Village
    Time: 9:00 AM to 5:00 PM
    Artisan Festival Returns to Big Sky’s Meadow Village
    Contact: Kate Tompkinson
    Phone:260-312-0671
    Email:bigskyartisanfestival@gmail.com

    This July 4thBig Sky will host over 40 artisans in the Meadow Village for the 4thAnnual Artisan Festival. The festival will feature painters, woodworkers, jewelers, and a wide variety of juried Montana artisans and local members of the Big Sky Artist’s Collective. The festival will run from 9am until 5pm on Saturday July 4th. The public is welcome to attend the festival in person where they can meet and greet artists, purchase Montana made crafts, enjoy live…

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