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interest rates: Mortgage Rates on the Rise - 02/17/11 01:29 PM
Mortgage rates are ticking up slightly and this trend is expected to continue throughout the year.  This is important if you are a borderline buyer as just a little increase will really effect your payment.  Keep an eye on this and if you are a serious buyer its time to wrap it up and take advantage of some of the best buyer conditions of all time.
 
Joseph Santini  --  Your Boca Raton, Florida Waterfront Expert
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interest rates: Interest Rates You Just Can't Pass Up - 06/25/10 03:05 PM
Interest rates are just unbelievable these days with the 30 year fixed averaging 4.72%!  After you deduct the interest on your tax return this is like free money.  Now is the time to buy your dream home because you will be able to get the neighborhood you want as well as the home you want.  When the rates move up just 1% it will have a huge impact on your monthly payment as well as what home you can afford.
Check out the link below for more financial info.
 
www.cnnmoney.com
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interest rates: The Time Is Now - 10/14/09 10:01 AM
Prices seem to be stabilizing here in Boca Raton and while running the comps for several communities the numbers have really improved. Serious buyers are really taking advantage of the low interest rates and the current market conditions to secure their piece of what looks like the last part of one of the best buyers markets in history. Most people feel very comfortable buying at this time.
Buyers who are still on the fence should realize the time to act is now as market conditions are improving and as the inventory declines things will be much more balanced between the buyers and … (0 comments)

interest rates: Mortgage Payments and Interest Rates - 04/09/09 05:33 PM
With interest rates being the lowest in recent history many people are taking a look at their monthly payments to see if they should refinance.  Just a slight change in your interest rate can mean a huge savings monthly and over the life of the loan.  Take a look at the numbers below to see how the change in the rate effects the monthly payment amount on a 30 year / $500,000 loan.
4.5%                        $2,535
5%                           $2,685
5.5%                       $2,840
6%                           $3,000
6.5%                       $3,160
7%                          $3,325
 
 
 
 
 
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interest rates: Take Advantage of the Market While You Can - 12/16/08 11:04 AM
The one good thing about the real estate market is that you can always benefit from it in some way regardless of how strong it is.  Now is the time that the buyers have to step up and capitalize on all the good things that they have going their way.  Low interest rates,plenty of inventory,flexible sellers,and many bank owned properties are all waiting for you.
The key is to take advantage of all these things when it counts. Just like the stock market, if you wait until everyone else is buying your to late! Nothing last forever.
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interest rates: Mortgage Rates Are Down - 09/11/08 10:05 AM
Now that the government has taken over Fannie Mae and Freddie Mac interest rates have really come down so now is the time to go out there and commit.  You won't see these benefits if you are borrowing more than $730,000.  Many of the local mortgage people have been swamped with calls from people looking to lock in their rates or to get things started.  Lenders will be strict on down payments and credit scores but they definitely want to make loans so if you are currently thinking about buying, take advantage of whats happening.
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Joseph Santini - Boca Raton Waterfront Expert

Boca Raton, FL

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Coldwell Banker - Boca Raton, Florida Waterfront Expert

Address: 1 South Ocean Blvd., Boca Raton, FL, 33431

Office Phone: (561) 400-1855

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This blog will keep you informed about the Boca Raton and South Florida Luxury Real Estate Market.


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