Mortgage Blog

Mortgage Blog

Mortgage Market Update

Mortgage Market Update - October 27, 2013 Current interest rates are still hovering at lower rates than expected. Borrowers who have an excellent credit rating are currently qualifying at or near a rate of four percent. This rate is lower than the rates have been over the last few months. They are also lower than might have

Mortgage Market Update

Mortgage Market Update – September 15, 2013 For those who have been considering refinancing their homes or considering buying a home, the last few weeks may have felt like a bit of a roller coaster. Mortgage rates have been trending slightly upwards though have not yet broken through the five percent range. Today, the thirty year

Valencia at Spanish Wells

Valencia at Spanish Wells If you are considering buying a new home in Valencia, perhaps the ideal location for your relocation would be Valencia at Spanish Wells. This gated community will be opening their first units during Winter 2013. This new development is ideal for singles or couples looking for a retirement home or a vacation

Mortgage Market Update- August 21, 2013

The mortgage market this past week resulted in higher interest rates for those looking for new homes or refinancing their existing homes. The reasons behind this are pure speculation: The Federal Reserve may stop the bond buying program because new unemployment claims hit a low not seen in six years. Why this matters For several weeks, there

Your New Home at The Estates Collection at Bonita Lakes

For those who are considering relocating to Florida, one area that may be of particular interest is Bonita Springs. This may be even more true with the launch of The Estates Collection at Bonita Lakes. This new development offers an ideal location for those who are interested in an active community in a great school

Mortgage Market Update

Mortgage Market Update - July, 26 2013 While mortgage rates have been climbing steadily since last fall, this week we saw a spike in rates that was greater than any movement we have seen all year. In fact, rates jumped about one quarter of a point increasing rates to about 4.5 percent ( 4.59% APR, 20% down

Mortgage Market Update

Mortgage Market Update - June 9, 2013 Anyone who has been watching the stock market lately may feel like they have been on a bit of a roller coaster with the market closing up then closing down. While fluctuations in the market are fairly common, the recent swings are indicative of the uncertainty regarding the current bond-buying

Mortgage Market Update

Mortgage Market Update - May 20, 2013 This past week was especially depressing for those who didn’t lock in their interest rates last week. Unfortunately, this week may not be much better. In addition to a slowly improving economy, there have been rumblings that the Fed may discontinue their quantitative easing (QE) program that is currently keeping

Mortgage Market Update

Mortgage Market Update- May 13, 2013 It should come as no surprise that once again, good news is bad news for the mortgage market. Jobless claims numbers dropped to levels unseen since January of 2008 and ultimately resulted in mortgage rates ticking slightly upward. For new home buyers, this is not good news although rates are

Mortgage Market Update

Mortgage Market Update- May 5th, 2013 There was a great deal of economic data released this week, and the bond markets initially did not move much in anticipation of the jobs report which was due out on Friday. Friday provided a bit of a rude awakening when the jobs numbers were finally released, for two reasons: