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Florida Mortgage Rates September 18, 2013

Hallelujah, mortgage rates are low again. Fed’s announced today that they will keep mortgage bond buying intact by not tapering QE3 and sticking to the 85 billion dollars a month in asset purchases.  Now, we should start seeing rates coming…

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Mortgage Rates September 17, 2013

Florida mortgage rates this week are seeing light at the end of the tunnel.  Higher bond gains due to Fed chairman nominees and news of low inflation for the last 2 days have helped First Time Home Buyers in Florida…

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Mortgage Rates September 13, 2013

Despite it being Friday the 13th, mortgage rates have been surprisingly stable and slightly improving. Mortgage bonds are ending the week in positive territory compared to the last few rollercoaster weeks.  Next week will be the determining factor on where…

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Mortgage Rates September 5, 2013

Mortgage rates have hiked up another eighth of a percent today compared to yesterday.  Mortgage bonds are getting crushed and so is the refinance market due to employment and initial jobless claims data. People can argue that rates anywhere in…

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Mortgage Rates September 4, 2013

Mortgage rates today are increasing once again.  This morning’s grapevine on ADP employment data is showing almost 177k jobs created in August, which is better than expected.  Again, we have had a surge in the stock market which put pressure…

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Mortgage Rates September 3, 2013

After a long holiday weekend and talks of delay over the attack on Syria, the mortgage bonds open lower and are negatively affecting mortgage rates today.  With ADP employment and initial jobless claims being released this Thursday, we can expect…

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Mortgage Rates August 30, 2013

There was very little change in mortgage bonds today.  However, this summer has certainly been an interesting few months for mortgage rates and first time home buyers.  With a constant fluctuation in mortgage rates moving between .125% to .25%, deciding…

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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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