Rates are still hovering near their lowest levels of all-time, so you’re still in the sweet spot if you want to lock in a great Florida mortgage rate.
Rates are still hovering near their lowest levels of all-time, so you’re still in the sweet spot if you want to lock in a great Florida mortgage rate.
Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates in Florida moved higher on the week.
Conforming and FHA mortgage rates rose for the first time in 5 weeks last week, pulling mortgage pricing off its best levels of the year.
Lakeland mortgage rates are low and they likely won’t stay that way. If you’ve been thinking about a refinance, talk to your loan officer as soon as possible.
Florida mortgage markets improved last week — but barely — as ongoing doubt surrounding the health of Greece and the Euro pushed additional investors into safe assets, including mortgage bonds.
Shopping for Florida mortgage rates takes more than good research skills. It takes a little bit of luck, too.
Florida mortgage markets improved to their best levels of 2010 last week, aided by events half a world away and ongoing safe haven buying. Greece’s debt problems continue to help mortgage rate shoppers around the country.
Despite 290,000 jobs created in April 2010 — nearly twice the expected amount — and a 40 percent upward revision of March’s numbers, Florida mortgage rates are essentially unchanged. In a normal environment, rates would be higher. Today is not normal.
Florida Mortgage markets improved last week on tame inflation data, a benign statement from the Federal Reserve, and ongoing credit problems in Greece. The factors combined to drop conforming mortgage rates to their lowest levels in 6 weeks.
The Federal Reserve adjourns from a scheduled, 2-day meeting today. It’s one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce “no change” in the Fed Funds Rate. Mortgage rates, however, WILL change.