Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Thursday, August 28, 2014
National Average Mortgage Rate
The national average mortgage rate is 4.10% this week for 30 year fixed-rate loans; unchanged from last week. 15-year rate average is 3.25%. Buyers should always investigate the possibility of a 15-year loan. In some cases a few more dollars each month can translate to thousands saved over the life of a mortgage. Note that these are the National Average rates check with your lender for rates in Fort Lauderdale-or give me a call for a lender referral.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Case Shiller Value Index
The Case Shiller Value Index through June was published this week. South Florida single family home values continue to improve with a trend line that suggests the rate-of-increase is cooling off a bit. All good (sustainable) news in this humble blogger's opinion.
Thursday, August 21, 2014
Average Mortgage Rate Down Some More
The national average mortgage rate is 4.10% this week for 30 year fixed-rate loans; it was 4.12% last week. 15-year rate average is 3.23Thursday, August 14, 2014
Average National Mortgage Rate
The national average mortgage rate is 4.12% this week for 30 year fixed-rate loans; it was 4.14% last week. 15-year rate average is 3.24
%. Buyers should always investigate the possibility of a 15-year loan. In some cases a few more dollars each month can translate to thousands saved over the life of a mortgage. Note that these are the National Average rates check with your lender for rates in Fort Lauderdale-or give me a call for a lender referral.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Thursday, August 07, 2014
Markets Rattled...Average Rate Unfazed
The national average mortgage rate is 4.14% this week for 30 year fixed-rate loans; it was 4.12% last week. 15-year rate average is 3.27%. Buyers should always investigate the possibility of a 15-year loan. In some cases a few more dollars each month can translate to thousands saved over the life of a mortgage. Note that these are the National Average rates check with your lender for rates in Fort Lauderdale-or give me a call for a lender referral.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
Slow growth in consumer spending is keeping inflation at bay but as the economy improves it will be necessary to raise rates. (the opinion of this charlatan economist). What this means to you is; it is unlikely rates will be any more favorable than they are right now. If you've been putting off refinancing or making a purchase, now is the time to make your move.
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