• What's your scenario?

    When it comes to getting a mortgage, you've got more options than you think. Everyone's situation is different. Tell me your scenario below, and I'll present you with all your options.


Close this form
close

407-704-8729

Questions? Give us a call!
Ready for your free, no-obligation personalized rate quote?
Get Started Today

Florida Mortgage Rates October 29, 2013

Finally the Fed’s meeting is here, but news of the results won’t be out until tomorrow at 2 pm. Markets are not moving too much while investors await the outcome, although most believe that no changes will be made to the current monetary policy.

September Retail Sales was reported as down 0.1%; but without auto sales, rose 0.4%. The Producer Price Index (PPI) dropped by 0.1% and was in line with expectations. Consumer Confidence for October is 71.2 which is below the expected 73.1 and way below 80.2 that was recorded in September. Current data is showing an impact from the recent government shutdown.

For the good news, the Case-Shiller 20 city index rose to 12.8% in August on a year-over-year basis, above expectations of 12.4%. Further double digit increases are not expected since the slight rise in mortgage rates has slowed home price appreciation in some parts of the country.

Despite these released economic reports, mortgage bonds remain more or less flat while stocks are slightly up. For today, mortgage rates remain unchanged again.

 

Florida Mortgage Rates October 29, 2013:

30 Year Fixed Rate Mortgage – 3.75% (3.954% APR)
15 Year Fixed Rate Mortgage – 2.75% (3.106% APR)
Disclosures

Check back tomorrow to get the newest rate updates!

When it comes to getting a mortgage

you have more options than you think

customer_for_life customer_for_life_mobile
  • Call Today! (407) 704-8729 Hours: 8:30am to 9:00pm EST

  • View $1000 Best Rate Guarantee Terms & Conditions | All rights reserved © 2018 Florida Home Funding.

    Sondi And Associates, Inc. dba Florida Home Funding. NMLS ID: 870878 Location: 390 N Orange Ave #2125, Orlando, FL 32801 | Phone: (407) 704-8729

    Content provided by The information provided on this site is for basic informational purposes only and IS NOT intended as a substitute for professional or legal advice. Notice: My Town Realty (License #: CQ1049127) and Florida Home Funding (NMLS ID: 870878) are both wholly-owned entities of Shahram Sondi (NMLS ID: 186790, License #: BK3225742). Due to this relationship, any referral between these two entities has the potential to financially benefit Shahram Sondi. Under no circumstance are you required to engage the services of one or both of these entities.
  • Florida Home Funding