• 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


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

Mortgage Rates July 26, 2013

After a week of stocks rising while bonds were limping around the falling trend line, today we’re finally seeing some signs of improvement. Bonds made a slight recovery yesterday afternoon after the Treasury auction of 7-year notes was completed, and continue to rise today. This means we can finally expect to see lower rates than we have in at least a week. The forecast for next week looks equally bright (for Mortgage bonds at least), so take advantage of the lower rates while you can.

In other good news, Consumer Sentiment this morning was the highest it’s been since July 2007; a full percentage point higher than previous estimates.

July 26, 2013 our updated mortgage rates in Florida are:

  • 30 Year Fixed Rate Mortgage – 4.125% (4.326% APR)
  • 15 Year Fixed Rate Mortgage – 3.125% (3.513% APR)


Next week could be a big week in other ways, as we may hear whether or not the Fed intend to taper in September, thus hiking interest rates. Recent reports suggest that even if they continue as scheduled, they may lower their Unemployment Threshold from 6.5% to 6 or 5.5%. This will soften the blow to mortgage bonds in the fall, but obviously interest rates will still be expected to rise.

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