MORTGAGE MONDAY:

This week there’s good news on the mortgage front. Mortgage rates continue their decline, going back down to the “3’s” this month with the average 30 year fixed rate for June at 3.82%. And now it is widely expected that the Fed may call for two more interest rate cuts this year to protect against possible impacts that the Chinese and Mexico tarrifs could have on the US economy. For the home buyer and anyone with a mortgage that might refinance these rate cuts can mean hundreds of extra dollars in your pocket each month.

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Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069

keith.kaplan@sothebyshomes.com

310-646-7791

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