• 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 31, 2013

Happy Halloween! Now that we got through the Feds meeting, it should be business as usual, at least until next week when the October jobs report will be released. It’s scheduled for November 8th. For now, weekly jobless claims dropped by 10,000 to 340,000 which was higher than expectations of 335,000.

Talk about being spooked - Chicago PMI, which is a measure of manufacturing in the Midwest, surged to 65.9 in October, up from 55.7. This was the highest reached since March 2011; also the biggest monthly increase in over 30 years. This was definitely way above what was expected. In fact, this may be an indication that the government shutdown didn't have much of an affect on the economy after all.

Looking at housing, in September, foreclosures were down 39% from a year ago, according to CoreLogic. Foreclosure inventory is down 24% year to date and serious delinquencies are at the lowest level since December 2008.

Both bonds and stocks have had some movement, but not enough to change anything. For today, so far mortgage rates are flat and remain unchanged.

 

Florida Mortgage Rates October 31, 2013:

30 Year Fixed Rate Mortgage – 3.875% (4.051% APR)
15 Year Fixed Rate Mortgage – 2.875% (3.215% 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