Record Low Mortgage Rates Helping S. Fla Economy

Record low mortgage rates are giving a burst of energy to the sluggish South Florida economy with new homebuyers spending money on furniture, appliances and remodeling jobs while refinancing homeowners have extra money in their pockets with their lower monthly payments, economists said.

BING NEWS:
  • U.S. Bank Profits Near Record Levels
    Fla. So far, the results haven't impressed investors, who remain concerned about a range of headwinds facing the industry, from growing regulatory costs and stubbornly low interest rates to steep slowdowns in mortgage lending and securities-trading revenue.
    08/11/2014 - 1:55 pm | View Link
  • Car prices hit record as buyers tack on options
    Since bank interest rates run as low as 2 percent and automakers offer no-interest financing, buyers now have a choice between a lower payment or a nicer car. Unlike rising mortgage rates ... demand for cars also is helping to drive up prices.
    09/9/2013 - 2:06 am | View Link
  • Lust for amenities drives cost of new cars and trucks to record heights
    Since bank interest rates run as low as 2 percent and automakers offer no-interest financing, buyers now have a choice between a lower payment or a nicer car. Unlike rising mortgage rates ... demand for cars also is helping to drive up prices.
    09/6/2013 - 11:40 am | View Link
  • Car prices hit record as buyers load up on options
    Since bank interest rates run as low as 2 percent and automakers offer no-interest financing, buyers now have a choice between a lower payment or a nicer car. Unlike rising mortgage rates ... demand for cars also is helping to drive up prices.
    09/6/2013 - 8:39 am | View Link
  • Car prices in U.S. hit record highs
    Since bank interest rates run as low as 2 per cent and automakers offer no-interest financing, buyers now have a choice between a lower payment or a nicer car. Unlike rising mortgage rates ... demand for cars also is helping to drive up prices.
    09/6/2013 - 8:36 am | View Link
  • More
BING SEARCH:
  • Analysis: Mortgage Rates Enjoy A Longer Summer Dip ...
    Mortgage rates stayed near the bottom this week as global investors continue to view the U.S. as the safest, most profitable place to park their money.
    09/2/2014 - 7:59 pm | View Website
  • Mortgage Rates Today
    Find today's mortgage rates and compare ARM and fixed loan rate mortgages at Bankrate.com.
    09/2/2014 - 5:22 pm | View Website
  • Mortgage Rates, Mortgage Quotes & Refinance Help
    Get Current Mortgage Rates and Free Mortgage Advice. Use Bills.com’s free tools, tips, and advice to find the mortgage that is right for you. Find a low mortgage ...
    09/2/2014 - 12:36 pm | View Website
  • MORTGAGE101
    Find low home loan mortgage interest rates from hundreds of mortgage companies! Includes mortgage loan payment calculator, refinance, mortgage rate, refinance news ...
    09/2/2014 - 10:05 am | View Website
  • Mortgage Rates Survey
    Freddie Mac surveys lenders each week on the rates, fees and points for the most popular mortgage products. The Primary Mortgage Market Survey® (PMMS®) results are ...
    09/2/2014 - 6:23 am | View Website
  • More
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