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Mortgage Rates August 27, 2013

After a week of a bloodbath in the bond market, mortgage bonds are starting to recover.  With the tension created in the international community regarding Syria, investors are moving more money into the bond market. As a result, this helps lower 30 year mortgage rates in Florida.  If the bonds continue to hold on to the gains, we should see lenders lower their mortgage rates today compare to the high trends we have seen in the past week.

August 27, 2013 our updated mortgage rates in Florida are:

  • 30 Year Fixed Rate Mortgage – 4.125% (4.291% APR)
  • 15 Year Fixed Rate Mortgage – 3.125% (3.466% APR)

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    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.
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