Florida mortgage markets have enjoyed record low home loan interest rates of late, but signs may be pointing to an increase – if we’re to take anything away from recent economic data.
Florida mortgage markets have enjoyed record low home loan interest rates of late, but signs may be pointing to an increase – if we’re to take anything away from recent economic data.
TweetFlorida mortgage rates were looking pretty darned good at the end of last week, as economic news was less than stellar. The Labor Department’s Jobs Report showed little in the way of positivity for US workers – reporting 263,000 jobs lost in September, which was quite a bit worse than expectations. To make matters worse…
Tweet “BE WILLING TO MAKE DECISIONS.” General George Patton. And that’s exactly what the Fed did last week at their regularly scheduled Federal Open Market Committee meeting. But just what did they decide…and what do their decisions mean for Florida home loan rates? The Fed announced that they are going to ration out what’s left…
TweetFlorida mortgage rates improved moving into last week and are holding steady as I write this update. There are a few key economic reports in store for this week, the biggest likely being Friday’s September Jobs Report. We will also see Consumer Confidence numbers released. It’s my belief that the economy ultimately goes the way…