RE/MAX NATIONAL HOUSING REPORT FOR JULY 2022

DENVER — A double-digit drop in home sales from June to July fueled a double-digit increase in homes for sale, triggering the first decline in the Median Sales Price since January. July’s Median Sales Price of $415,000 was down 2.9% from June and the lowest since April’s $406,000. The 16.6% decline in Read More

RE/MAX NATIONAL HOUSING REPORT FOR JUNE 2022

DENVER — Halfway through the peak summer buying season, this year’s home sales are falling short of 2021’s, as signs of more balance in the market take hold. • June posted the most home sales of any month thus far this year, topping May by 4.7% but falling 17.6% short of June Read More

CURRENT MORTGAGE RATES AS OF 6/18/2022

Current mortgage and refinance rates Product Interest rate APR 30-year fixed-rate 5.683% 5.779% 20-year fixed-rate 5.282% 5.415% 15-year fixed-rate 4.674% 4.854% 10-year fixed-rate 4.645% 4.882% 7-year ARM 5.259% 4.629% 5-year ARM 4.868% 4.281% 3-year ARM 2.340% 3.371% 30-year fixed-rate FHA 4.666% 5.487% 30-year fixed-rate VA 4.924% 5.320%

RE/MAX NATIONAL HOUSING REPORT FOR MAY 2022

DENVER — Although May is one of the most active months of the year for home sales, closings in May 2022 were 8.5% lower than May 2021. They did, however, climb 5.8% over April. That month-over-month increase was approximately half of the average gain in May during the pre-pandemic years of 2015-2019. Read More

Current Mortgage Rates as of 5/18/2022

Current mortgage and refinance rates Accurate as of 05/20/2022. Product Interest rate APR 30-year fixed-rate 5.107% 5.202% 20-year fixed-rate 4.807% 4.907% 15-year fixed-rate 4.179% 4.343% 10-year fixed-rate 3.924% 4.108% 7-year ARM 4.995% 4.236% 5-year ARM 4.676% 3.890% 3-year ARM 2.340% 3.371% 30-year fixed-rate FHA 4.290% 5.114% 30-year fixed-rate VA 4.430% 4.791%

RE/MAX NATIONAL HOUSING REPORT FOR APRIL 2022

DENVER — Signaling a flattening of the seasonal spring ramp-up, April 2022 home sales increased less than 1% over March – and dropped 12.8% year over year – across the report’s 53 metro areas. That, coupled with an 11.5% increase in new listings from March to April, resulted in a 24.0% surge Read More

Current Mortgage Rates as of 4/18/2022

Current mortgage and refinance rates Accurate as of 04/18/2022. Product Interest rate APR 30-year fixed-rate 5.082% 5.168% 20-year fixed-rate 4.789% 4.898% 15-year fixed-rate 4.146% 4.332% 10-year fixed-rate 4.167% 4.410% 7-year ARM 4.339% 3.705% 5-year ARM 4.021% 3.447% 3-year ARM 2.340% 3.371% 30-year fixed-rate FHA 4.307% 5.126% 30-year fixed-rate VA 4.538% 4.903%

RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2022

DENVER — The busy spring season got off to another strong start this year. March home sales jumped 32.2% over February while posting a report record Median Sales Price of $360,000. As buyers continued to far outnumber sellers, Months Supply of Inventory reached a record low of 1.0 across the report’s Read More

Current Mortgage Rates as of 4/8/2022

Current mortgage and refinance rates Accurate as of 04/08/2022. Product Interest rate APR 30-year fixed-rate 4.859% 4.947% 20-year fixed-rate 4.618% 4.728% 15-year fixed-rate 3.900% 4.055% 10-year fixed-rate 3.500% 3.677% 7-year ARM 4.463% 3.754% 5-year ARM 4.366% 3.560% 3-year ARM 2.340% 3.371% 30-year fixed-rate FHA 4.424% 5.214% 30-year fixed-rate VA 4.337% Read More

RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2022

DENVER — February home sales dipped nearly 1% from January, potentially setting the stage for what is typically the year’s biggest month-over-month ramp-up in sales as March typically is considered the start of the spring home-selling season. And while the number of homes on the market remained at record lows, February’s Read More