Category Archives: Florida Real Estate Mortgage Guy Blog

Week of: Monday, July 18, 2011 Present Market Conditions A weak jobs report combined with uncertainty regarding Europe’s debt problems and lack of progress on US debt limit talks all contributed to lower mortgage rates this past week. The market … Continue reading →

Week of: Monday, June 27, 2011 Present Market Conditions The Federal Reserve lowered its forecast for 2011 GDP growth to 2.8% and reiterated the housing sector continues to be depressed. The 30 year fixed rate averaged 4.50% with .8% points … Continue reading →

Week of: Monday, June 20, 2011 Present Market Conditions Despite mid-week volatility due to inflation reports; interest rates changed very little. The 30 Year Fixed ticked up to 4.5% while the 15 Year inched down again to 3.67%. Frank Nothaft, … Continue reading →

Week of: Monday, June 13, 2011 Present Market Conditions May’s anemic job growth pushed mortgage interest rates to their lowest levels in 2011. The 30 year fixed rate averaged 4.49% with .7% points and 15 year fixed rates averaged 3.68% … Continue reading →

Week of: Monday, June 06, 2011 Present Market Conditions Declining interest rates continue as investors flock to the safety of treasuries as opposed to declining stocks (signs of a weak U.S. economy). The 30 year fixed rate mortgage averaged 4.55% … Continue reading →

Week of: Monday, May 30, 2011 Present Market Conditions Interest rates dropped last week for the sixth consecutive week. There were many factors that helped lower rates; weaker than expected economic data and strong treasury auction results were two major … Continue reading →

Week of: Monday, May 16, 2011 Present Market Conditions Last week was a volatile week for interest rates based on mixed results for the Treasury Auctions and tame inflation data. Despite significant movement, the week ended with interest rates virtually … Continue reading →

Week of: Monday, April 18, 2011 Present Market Conditions Mortgage rates ended last week slightly lower due to target inflation data and favorable Treasury auctions. Greg McBride, Senior Financial Analyst with Bankrate.com stated “For the most part mortgage rates inched … Continue reading →

Week of: Monday, February 07, 2011 Present Market Conditions Interest rates moved a little higher last week due to inflation concerns. There was higher than expected economic growth and increased commodity prices. However, last week’s employment report fell a bit … Continue reading →