Monthly Indicators In October, mortgage rates increased slightly from the three-year lows seen in September. While the Federal Reserve reduced the federal-funds target rate by .25%, this decline was widely expected and largely factored into mortgage rates already, which are still approximately 1% lower than this time last year. Fannie Mae is predicting that continued low rates, and possibly lower rates, are expected in 2020. New Listings were up 8.3 percent to 664. Pending Sales decreased 39.5 percent to 257. Inventory grew 9.0 percent to 2,156 units. Prices moved higher as Median Sales Price was up 6.5 percent to $185,000....