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Mortgage Rates November 8, 2013

Can you believe the delayed, skewed jobs report?  The business survey shows 204,000 new jobs while the current population survey (source) shows a net loss of 735,000.  Is the media and the market blind? Are they ignoring certain numbers or…

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Florida Mortgage Rates October 25, 2013

Not much is happening today with markets being mostly flat to slightly higher. Anticipation for next week’s FOMC meeting may be holding back any investment moves. Durable goods rose 3.7% in September which was above forecast. On the other hand,…

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Interest Rates

Interest rates on mortgage loans are not set by the government and vary from mortgage lenders to mortgage broker based on loan amount, credit scores and amount of down-payment or equity.  Secondly, based on how much profit the mortgage company…

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Mortgage Rates

Mortgage rates not only vary from mortgage lender to mortgage broker.  But they also vary depending on the state that you live in.  For instance, when searching on Google for lowest mortgage rates in Florida does not mean the same…

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Bank Rate

When searching for the term “bank rate”, you may benefit from a more specific search term such as “best bank for mortgage rates” or “bank rate for mortgage loans”.  If you simply search the term “bank rate” in Google, you…

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First Time Home Buyer Alert

Are you a first time home buyer?  Have you been on the fence on whether this is a good time to buy a home in Florida? You need to read this first time home buyer alert.  Mortgage rates have been…

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