Mortgage Market Update, November 26, 2013

For those who follow mortgage markets closely, last week was fascinating. The week started a bit slow because of Veteran’s Day meaning a slightly abbreviated week. However, when the hearings started for Janet Yellen to be the next Fed Chairman, the markets became worth watching! In fact, on Wednesday and Thursday, the bond markets rallied […]

Tuesday, November 26, 2013 04:11pm

Mortgage Market Update- October 27, 2013

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 […]

Sunday, October 27, 2013 07:10pm

Mortgage Market Update – September 15, 2013

 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 […]

Sunday, September 15, 2013 11:09pm

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 […]

Saturday, September 14, 2013 12:09pm

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 […]

Wednesday, August 21, 2013 06:08pm

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 […]

Friday, August 16, 2013 01:08pm

Mortgage Market Update- July 26, 2013

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 […]

Friday, July 26, 2013 01:07pm

Mortgage Market Update- June 9, 2013

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 […]

Sunday, June 9, 2013 12:06pm

Mortgage Market Update- May 20, 2013

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 […]

Monday, May 20, 2013 04:05pm

Mortgage Market Update- May 13, 2013

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 […]

Monday, May 13, 2013 11:05am