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May 30th, 2020 7:41 AM
Mortgage rates hit another all-time low. The average U.S. rate for a 30 year mortgage dropped to 3.15% this week. 
Mortgage applications jumped to 6.7% higher than a year ago. Requests for mortgage forbearance have slowed considerably. Fannie Mae and Freddie Mac have indicated that 7.2% of their mortgages have suspended payments.
Locally, the real estate market continues to heat up. Inventory is low and with cash buyers abundant, sales are flourishing.
Considering selling, call Abatelli Real Estate Appraisals(A.R.E.A.) at 631.513.0442 or email: for the latest up-to-date real estate market value of your home, lot, acreage or commerial property. 

Posted by Richard Wayne Abatelli on May 30th, 2020 7:41 AMPost a Comment

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