Average rate on the 30-year fixed mortgage fell this week to a record low, the 9th time that has happened in the last year. The rate on the 30-year loan dropped to 3.87% this week below the previous record of 3.88% hit just two weeks ago. The average on the 15-year fixed mortgage dropped to [...]
Florida’s Real Estate Activity Higher in 2011
January 20, 2012 By
At the close of the year 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year. It was the third consecutive year for statewide home and condo sales activity to end the year on a positive upswing. Higher year-over-year sales also were reported at the close of 2010 and 2009. [...]
30-Year Mortgage Rate Declines
January 6, 2012 By
This year looks to be another year of opportunity for the few who can afford to buy or refinance. The average rate on the 30-year fixed mortgage fell to 3.91% this week. That matches the record low reached two weeks ago. The average on the 15-year fixed mortgage declined to 3.23% from 3.24%. That’s up [...]
Existing Condo and Home Sales Continue to Rise in Florida
December 22, 2011 By
Florida’s existing home and condominium sales continued its positive upswing during November. Existing home sales increased 11% last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010. Seventeen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home sales in November and 10 MSAs had higher existing condominium [...]
Florida Condo And Home Sales Show Gains
November 21, 2011 By
Florida’s existing home and existing condo sales continue to show gains in October. Existing home sales increased 13% last month with a total of 13,755 homes sold statewide compared to 12,145 homes sold in October 2010. Statewide, both sales and prices are above where they were this time on 2010. The monthly median prices have [...]
Existing Home/Condo Sales Rise In Florida
November 9, 2011 By
Florida’s existing home and condo sales continued to show gains in the 3rd quarter 2011 compared to the same period a year earlier. Existing home sales rose 12% in 3rd quarter 2011 with a total of 46,759 homes sold statewide; during the same period the year before, a total of 41,728 homes changed hands. Statewide [...]
30-Year Fixed Rates At 4%
November 4, 2011 By
The average rate on the 30-year fixed mortgage fell to 4% this week, close to matching the all-time low hit just one month ago. Thursday the rate on the 30-year loan dropped from 4.10% last week. Four weeks ago, it dropped to 3.94%. The average rate on the 15-year fixed mortgage fell to 3.31% from [...]
30-Year Fixed Mortgage Rates Fall To 3.94%
October 7, 2011 By
Average rate on the 30-year fixed mortgage fell this week to below 4% for the first time ever, to 3.94%. Thursday, the average rate dropped from 4.01% last week, the previous low. The average rate on a 15-year fixed loan, a re-fi option, fell to 3.26%, also a record. The 15-year loan has fallen for [...]
Record Low 30-Year Mortgage Rates Fall To 4.12%
September 9, 2011 By Leave a Comment
The fixed mortgage rates fell this week to the lowest levels in 6 decades. But few Americans can take advantage of the rates to refinance or buy. Average rate for the 30-year fixed mortgage fell to 4.12%, down from 4.22%. The average rate on a 15-year fixed mortgage, a popular re-fi option, fell to 3.33% [...]
Mortgage Rates Rise
August 26, 2011 By Leave a Comment
The average rate on the 30-year fixed mortgage climbed to 4.22% on Thursday … up from 4.15% just last week. The average rate on the 15-year fixed mortgage, a re-fi option, rose to 3.44% … up from 3.36%. The low rates have yet to revive the weak real estate market. Mortgage applications to purchase fell [...]
Fixed Mortgage Rates Inching Up
July 22, 2011 By Leave a Comment
Fixed mortgage interest rates remained mostly unchanged this week; but, inched up a bit from their yearly lows. The average rate on the 30-year fixed loan is up to 4.52% from 4.51% a week ago. It reached its yearly low of 4.49% just a month ago. The average rate on the 15-year fixed loan, popular [...]
30-Year Fixed Mortgage Rates Rise to 4.6%
July 8, 2011 By Leave a Comment
Mortgage Rates Fall For 7th. Week In A Row
June 3, 2011 By Leave a Comment
Fixed mortgage rates fell for the 7th consecutive week, but the lowest rates of the year have done little to lift the struggling real estate market. The average rate on the 30-year loan fell to 4.55% from 4.60%. The average rate on the 15-year fixed mortgage, a popular re-fi option, slid to 3.74% from 3.78%. [...]
Fixed Rate Mortgages Rise To 4.91%
April 15, 2011 By Leave a Comment
Rates on 30-year fixed mortgages rose for the fourth straight week, but still remain below 5%. Thursday the average rate on the 30-year loan rose to 4.91% from 4.87% the previous week. The average rate on the 15-year fixed mortgage increased to 4.13% from 4.10%. The number of properties repossessed by banks jumped nearly 13% [...]
30-Year Fixed Mortgage Rates Rise
April 1, 2011 By Leave a Comment
Fixed mortgage rates were up slightly this week, however the average rate on the 30-year loan remained below 5%. The average rate on the 30-year fixed mortgage rose to 4.86% from 4.81% the previous week. The average rate on the 15-year fixed mortgage increased to 4.09% from 4.04%. It reached 3.57% in November. The average [...]
