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 [...]
Floridas Existing Condo Sales Rise In 2nd Quarter
August 10, 2011 By Leave a Comment
Florida’s existing condo sales experienced an upswing in the second quarter of 2011 compared to the same period a year earlier. Statewide sales of existing condos in the second quarter rose 14% compared to the year-ago sales figure. Statewide condo sales in the second quarter also increased over 1Q 2011’s sales figures. For 2Q 2011, [...]
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
Existing Condo/Home Sale Rise In Florida
June 21, 2011 By Leave a Comment
Florida’s existing home/existing condo sales rose in May of 2011. Existing home sales increased 3% last month with a total of 17,228 homes sold statewide compared to 16,790 homes sold in May 2010. Statewide sales of existing condos last month rose 17% compared to the year ago sales figure. Florida’s median sales price for existing [...]
St. Joe Halts HQ Construction At NW Florida Beaches Int’l
May 6, 2011 By Leave a Comment
St. Joe Co. executives confirmed Thursday morning the company was delaying indefinitely the construction of a new corporate headquarters near West Bay. St. Joe announced the news in an earnings call during which company leadership reported a positive net income of $14.1 million for the first quarter of 2011. New board of directors chairman Bruce [...]
Existing Condo/Home Sales Rise In Florida
April 20, 2011 By Leave a Comment
Florida’s existing condo and home sales rose in March. Existing home sales increased 12% last month with a total of 18,522 homes sold statewide compared to 16,540 homes sold in March 2010. Statewide sales of existing condos last month rose 24% compared to the year-ago sales figure. Seventeen of Florida’s metropolitan statistical areas (MSAs) reported higher [...]
Floridas Existing Condo/Home Sales Rise in February
March 21, 2011 By Leave a Comment
Florida’s existing home and existing condo sales rose in February, according to the latest housing data released by Florida Realtors®. Existing home sales increased 13% last month with a total of 13,701 homes sold statewide compared to 12,164 homes sold in February 2010. February’s statewide sales of existing condos rose 29% compared to the previous [...]
15-Year Mortgage Rate Falls Below 4%
March 18, 2011 By Leave a Comment
Fixed mortgage rates fell this week, and a 15-year loan dropped below 4%. The average rate on the 15-year fixed mortgage, a popular refinance option, dropped to 3.97% from 4.15%. The last time the rate was below 4% was in mid-December. The average rate on the 30-year fixed mortgage fell to 4.76% from 4.88% the [...]
- 30 Year Fixed Mortgage Rate Rises
February 4, 2011 By Leave a Comment
Thursday the average rate rose to 4.81% this week from 4.80% the previous week. It hit a 40-year low of 4.17% in November. The average rate on the 15-year loan fell to 4.08% from 4.09%. It had reached 3.57% last November. Rates have been little changed this year after rising more than half a percentage [...]
- 30 Year Fixed Mortgage Rates Up At 4.74%
January 21, 2011 By Leave a Comment
Average rate on a 30-year fixed mortgage rose a bit this week. The average rate rose to 4.74% this week from 4.71% the previous week. The average rate on the 15-year loan, slipped to 4.05% from 4.08%. The 30-year loan rate reached a 40-year low of 4.17% in November, and the 15-year mortgage rate dropped [...]
- Existing Home And Condo Sales Rise In Florida
January 20, 2011 By Leave a Comment
Sales of both existing Florida home and condominiums rose in December. A total of 15,550 existing single family homes sold statewide in December, up 4% from the 14,923 homes sold in December 2009. The statewide existing home median sales price last month was $133,100; in December ’09 it was $139,800 for a 5% decrease. Twelve [...]
- Fixed Rate Mortgage Rates Drop to 4.77%
January 7, 2011 By Leave a Comment
Interest rates on fixed-rate mortgages dipped this week after rising over the last two months. The average rate on the 30-year mortgage dropped to 4.77% Thursday from 4.86% the previous week. It hit a 40-year low of 4.17% this past November. The average rate on the 15-year loan dropped to 4.13% from 4.20%. It had [...]
- Condominium Sales In Florida Rise During November
January 4, 2011 By Leave a Comment
Sales of existing condominiums in Florida rose 11% during November … a total of 5,411 condominiums sold statewide compared to 4,860 units sold in November a year ago (2009). The statewide existing condominium median sales price was $88,200; in November 2009, it climbed to $104,500 for a 16% decrease year to year. However, November’s statewide [...]
- Mortgages Rates Fall Again To New Lows
November 12, 2010 By Leave a Comment
Rates on fixed mortgages again fell to their lowest levels in decades this week, after the Federal Reserve unveiled a massive bond-buying program to help spur economic growth. That marked more than a half-year of record lows. But housing activity has still faltered. The average rate on 15-year fixed loans, a popular choice for refinancing, [...]
