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:
  • Lenders are Helping Foreign Investors Push Florida’s Real Estate Market to a New Peak
    However, increased competition has pushed Miami-area prices so high that foreign investors are venturing north into central Florida and Tampa Bay in search of better values and cap rates ... on the sponsor’s track record than the property as they ...
    11/14/2014 - 8:56 am | View Link
  • Rate on 30-year mortgage at 2-year high: 4.51 pct.
    Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan jumped from 4.29 percent the previous week. Just two months ago, it was 3.35 percent — barely above the record ... rates have helped fuel a housing recovery that is helping ...
    07/11/2013 - 1:45 am | View Link
  • Low interest rates provide boost to auto loan business
    Even lower rates are helping the auto ... in Miramar, Fla. That's cheaper than the current all-time record low of 3.31 percent for a fixed 30-year home loan, according to lender Freddie Mac, which monitors mortgage rates. The low rates on auto loans ...
    11/24/2012 - 10:02 am | View Link
  • US rate on 30-year fixed mortgage near record low
    WASHINGTON -- The average U.S. rate on a 30-year fixed mortgage has fallen to near its record ... are helping fuel a modest but steady housing recovery. The average rate on the 30-year loan has remained below 4 percent all year. And rates have fallen ...
    10/20/2012 - 9:00 pm | View Link
  • Home sales fall despite record-low interest rates
    And while Freddie says the record low rates are helping fuel a housing recovery, the latest news from the National Association of Realtors indicates low rates are not spurring sales. According to Freddie's Primary Mortgage Market Survey (PMMS), the average ...
    07/20/2012 - 5:49 am | View Link
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BING SEARCH:
  • Mortgage Rates Today
    Mortgage rates fall as retail sales falter . Mortgage rates slipped after news that Americans shopped less than expected in March. Read more. Mortgage Rate Trend ...
    04/16/2015 - 9:44 pm | View Website
  • Housing Market Home Values, Mortgage Rates, Real Estate News
    Independent housing market forecasts on home values in 230 U.S. cities, mortgage rates and the best real estate news.
    04/16/2015 - 9:44 pm | View Website
  • Mortgage Rates and Market Data
    Mortgage rates were unchanged to slightly higher today, though that depends largely on the individual strategies of the lender in question. Some lenders recalled rate ...
    04/16/2015 - 7:56 pm | 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 ...
    04/16/2015 - 4:43 pm | View Website
  • Mortgage Rates, Mortgage Calculator,Compare Refinance Rates
    Mortgage Rates Radar Mortgage rates holding steady this week Apr 14, 2015. HSH.com releases its latest Weekly Mortgage Rates Radar showing almost no change in ...
    04/16/2015 - 3:31 pm | View Website
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