Average National Mortgage Rate Up for Third Consecutive Week

The national average mortgage rate is 3.80% this week for 30 year fixed-rate loans; it was 3.76% last week. 15-year rate average is 3.07%. 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.

Low rates make market-priced real estate more affordable.  If you are on the fence to Sell or Buy...you should ACT NOW!

National Average Mortgage Rate Up a Bit this Week

The national average mortgage rate is 3.75% this week for 30 year fixed-rate loans; it was 3.69% last week. 15-year rate average is 2.99%. 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.

National Average Mortgage Rate Lowest of the Year

The national average mortgage rate is 3.80% this week for 30 year fixed-rate loans (the lowest rate of 2014)

; it was 3.93% last week. 15-year rate average is 3.09%. 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.

National Average Mortgage Rate Still Below 4%

The national average mortgage rate is 3.93% this week for 30 year fixed-rate loans; it was 3.89% last week. 15-year rate average is 3.20%. 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.

National Average Mortgage Rate Drops this Week

The national average mortgage rate is 3.89% this week for 30 year fixed-rate loans; it was 3.99% last week. 15-year rate average is 3.10%. 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.

Case Shiller Single Family Value Index

The Case Shiller Single Family Value Index for September was published today.  Value in South Florida rose .62% for the month and 6.7% for the year though 30 September.

The national average mortgage rate is 3.99% this week for 30 year fixed-rate loans; it was 4.01% last week. 15-year rate average is 3.17%. 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.

National Average Mortgage Rate Down a Smidgeon

The national average mortgage rate is 4.01% this week for 30 year fixed-rate loans; it was 4.02% last week. 15-year rate average is 3.20%. 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.

Average National Mortgage Rate Back Above 4%

The national average mortgage rate is 4.02% this week for 30 year fixed-rate loans; it was 3.98% last week. 15-year rate average is 3.21%. 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.

National Average Mortgage Rate Under 4%

The national average mortgage rate is 3.97% this week for 30 year fixed-rate loans; it was 4.12% last week.  This is the first time the rate has been below 4% since June of 2013.  15-year rate average is 3.18%.  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.
The


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.

Average National Mortgage Rate Down Slightly

The national average mortgage rate is 4.12% this week for 30 year fixed-rate loans; it was 4.19% last week.  The 15-year rate average is 3.30%.  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.

The national average mortgage rate is 4.19

% this week for 30 year fixed-rate loans; it was 4.20% last week.  The 15-year rate average is 3.36%.  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.

Case Shiller Value Index

The June 2014 value index was published by Case Shiller this morning.  Once again, Fort Lauderdale/Miami single family homes increased in value according to the index.  While this statistic includes a lot of algorithms well above this blogger's understanding, basically it compares sales in the period against the prior sale of the same property.

National Average Mortgage Rate

The national average mortgage rate is 4.20% this week for 30 year fixed-rate loans; it was 4.23% last week.  The 15-year rate average is 3.36%.  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.

With Autumn a Bit of an Increase in the Average Mortgage Rate

The national average mortgage rate is 4.23% this week for 30 year fixed-rate loans; it was 4.12% last week. The increase is attributed to a some signals that the Federal Reserve might increase rates. Rates

were below 4.20% for the entire summer.  15-year rate average is 3.37%.  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.

National Average Mortgage Rate Up a Bit

The national average mortgage rate is 4.12% this week for 30 year fixed-rate loans; it was 4.10% last week. 15-year rate average is 3.26%.  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.

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 3.24

%. 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.

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.

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.

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 3.23

%. 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.