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:
  • US bank profits are 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 - 1:00 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.
    09/8/2013 - 1:00 pm | 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 - 5:25 pm | 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 - 9:09 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 - 8:39 am | View Link
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BING SEARCH:
  • HSH.com
    Compare mortgage rates and get custom mortgage quotes from trusted lenders. Use our mortgage calculator, tools or current mortgage rate charts to save now!
    09/22/2014 - 5:17 am | View Website
  • Analysis: Mortgage Rates Rise As Fed Considers Monetary ...
    While the Federal Reserve discussed eventual changes to its monetary strategy, mortgage rates continued to march higher this week. An upbeat report from retailers and ...
    09/22/2014 - 1:28 am | View Website
  • FreeRateUpdate.com
    30 Year Mortgage Rates. Get a Quote in 30 Seconds on Fixed FHA, VA and HARP Refinance Loan Rates. Search Today's Current Mortgage Interest Rates.
    09/22/2014 - 12:52 am | View Website
  • Mortgage Rates Today
    Find today's mortgage rates and compare ARM and fixed loan rate mortgages at Bankrate.com.
    09/21/2014 - 7:37 pm | View Website
  • Home Buying Tips | Mortgage News | First Time Homebuyer
    Total Mortgage provides insights into mortgage rates and news from the mortgage industry along with offering some of the lowest mortgage rates in the U.S.
    09/21/2014 - 12:56 pm | View Website
  • More
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