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May 2022 Listings & Mortgage Rate Update

    Kerber Real Estate Listing Perrysburg, Ohio

    Mortgage rates rise to highest point since 2009

    Mortgage rates increased today by the Federal Reserve.  The most aggressive rate hike since 2000. 

    The national average interest on a 30-year fixed-rate mortgage is 5.27% today, up from 5.1% last week and up from 2.9% one year year ago, according to Freddie Mac, a government-ran home loan company.  A 15-year fixed mortgage is at 4.52%, up from 4.4% last week and 2.3% this time last year.

    What do this mean if you want to list your home this Spring?  The answer is, it depends… Want to discuss the topic more?  

    Contact our Broker, Nathan Kerber today to start the conversation. 
    (419) 874-9100 or Nathan@KerberRealty.com

    New Residential Real Estate Listings – May 2022

    Perrysburg  – 5 New Listings
    Maumee – 2 New Listings
    Toledo – 37 New Listings
    Sylvania – 2 New Listings
    Bowling Green – 0 New Listings
    Rossford – 0 New Listings
    Waterville – 2 New Listings
    Holland  – 1 New Listings
    Whitehouse – 1 New Listings