Yesterday the FOMC (Federal Open Market Committee) or the FEDs as we like to call them had their first non-negative meeting announcement in years! It wasn't all sunshine and roses, but for many … [Read more...] about 4.75% Florida Rates The Recession is Over
4.75% Florida Rates The Recession is Over
Florida Mortgage Rates near 4%!
The US Government is taking unprecedented steps to ensure florida mortgage rates remain as low as possible. Only one day ago the Feds announced that they are pledging another $750 Billion dollars to … [Read more...] about Florida Mortgage Rates near 4%!
Florida Mortgage Rates Explained
Florida mortgage rates on a standard 30 year fixed loan this week hovered between 4.75%-4.8% for the most part. What is interesting and deserves to be looked at deeper is the fact that interest rates … [Read more...] about Florida Mortgage Rates Explained
Florida Mortgage Rates below 4%
The Feds finally began sparingly buying troubled mortgage assets with the TARP (Troubled Asset Releif Program) funds they were given late last year. You may remember it as the $700B Bailout but those … [Read more...] about Florida Mortgage Rates below 4%
5.25% Florida Mortgage Rates 11/26/2008
Florida Mortgage Rates update It's finally here! We have been waiting ever so patiently for the interest rates to fall but prior to today they had been stubbornly high. Everyone in the mortgage … [Read more...] about 5.25% Florida Mortgage Rates 11/26/2008
Mortgage rates finally begin their fall!
Finally the effects of the $700B bailout as well as other world factors have brought some confidence back to the market! For over a month we have been hovering with par rates ranging from 6.25% to … [Read more...] about Mortgage rates finally begin their fall!
Fed takeover means lower rates
So the inevitable has finally happened. A few months back the government authorized themselves the power to take over Fannie Mae and Freddie Mac "should the need arise". Yesterday the government … [Read more...] about Fed takeover means lower rates
Fed lower rate with .75% cuts
The Federal Reserve recently cut the federal fund rate by another .75%. The federal reserve is expected to meet again next week and all signs point to them further cutting interest rates by another … [Read more...] about Fed lower rate with .75% cuts