century 21: We End 2014 with Low Mortgage Interest Rates
- 01/01/15 06:05 AM
Yesterday, 12/31//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.87% up from 3.83% last week. The average interest rate for 15 year fixed-rate mortgages was 3.15%, up from 3.10% last week. A year ago the 30 year rate was 4.53%. Freddie Mac's spokesperson said, "While mortgage rates edged up this week, they remain near 2014 lows. Looking at full year data, the 30-year fixed-rate average for 2014 was 4.17 percent, the highest annual average since 2011. Also, the Conference Board reported that confidence among consumers rose in December and the S&P/Case-Shiller Seasonally-Adjusted National house price
(1 comments)
|
century 21: At Christmas 2014 Mortgage Interest Rates Remain Very Low
- 12/24/14 06:10 AM
Today, 12/24//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.83% up from 3.80% last week. The average interest rate for 15 year fixed-rate mortgages was 3.10%, up from 3.09% last week. A year ago the 30 year rate was 4.48%. Freddie Mac's spokesperson said, "Mortgage rates were up slightly, following a week of mixed economic releases. Existing home sales were down 6.1 percent in November to annual rate of 4.93 million units, below economists' expectations. New home sales fell 1.6 percent last month to an annual rate of 438,000, also below expectations. Meanwhile, the
(0 comments)
|
century 21: After Last Week's Increase, Mortgage Interest Rates Drop to New Lows!
- 12/18/14 05:48 AM
Today, 12/18//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.80% down from 3.93% last week. The average interest rate for 15 year fixed-rate mortgages was 3.09%, down from 3.30% last week. A year ago the 30 year rate was 4.47%. Freddie Mac's spokesperson said, "The 30-year fixed mortgage rate dropped to its lowest point of 2014 this week. Mortgage rates fell along with 10-year Treasury yields, which closed at their lowest level since May 2013. November housing starts came in at a seasonally adjusted annual rate of 1.028 million starts, down 1.6 percent from an upwardly-revised
(0 comments)
|
century 21: Mortgage Interest Rates Creep Upward a Bit - Still Under 4%
- 12/11/14 01:46 AM
Today, 12/11//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.93% up from 3.89% last week. The average interest rate for 15 year fixed-rate mortgages was 3.20%, up from 3.10% last week. A year ago the 30 year rate was 4.42%. Since rates are still below the 4% mark, that makes homes much more affordable, even though prices for the homes themselves are creeping higher as well. So give serious thought to making a move. Once the New Year begins and the other party takes control of Congress, who knows what can happen. I am
(0 comments)
|
century 21: Mortgage Interest Rates Drop to Lowest Level Since May 2013
- 12/04/14 05:47 AM
Today, 12/4//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.89% down from 3.97% last week. The average interest rate for 15 year fixed-rate mortgages was 3.10%,down from 3.17% last week. A year ago the 30 year rate was 4.46%. The rate of 3.89% is the lowest it has been since May of 2013! Are you going to take advantage of this situation and buy a home? Don't wait until rates go back above the 4% point and beyond! Freddie Mac's spokesperson said, "Mortgage rates were down across the board on a week of underwhelming
(0 comments)
|
century 21: December 2014 Real Estate Newsletter from John Elwell in Florida
- 12/03/14 07:34 AM
My December 2014 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open. Just click on the following link to download this month's newsletter: Download December 2014 Newsletter I hope that you will find this month's articles interesting and helpful. If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444 I also invite you
(0 comments)
|
century 21: On Thanksgiving 2014 Mortgage Interest Rates Remain Under 4 Percent
- 11/26/14 08:38 AM
Today, 11/26//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.97% down from 3.99% last week. The average interest rate for 15 year fixed-rate mortgages was 3.17%, unchanged from last week. Perhaps due to the holiday tomorrow, Freddie Mac did not release any remarks by their spokesperson this week. At least not by the time I wrote this post at 7:30 PM on the night before Thanksgiving. So there are no comments to give you this week. Do keep in mind that we are a very large country, So figures that come out for the
(0 comments)
|
century 21: Mortgage Interest Dips Below 4% Yet Again!
- 11/20/14 06:15 AM
Today, 11/20//2014, ;Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.99% down from 4.01% last week. The average interest rate for 15 year fixed-rate mortgages was 3.17%,down from 3.20% last week. A year ago the 30 year rate was 4.22%. Freddie Mac's spokesperson said, "Fixed mortgage rates were slightly down as housing starts declined 2.8 percent in October below the upwardly revised September rate. However, building permits increased 4.8 percent in October after a 2.8 percent boost a month earlier. Lastly, industrial production slipped by 0.1 percent in October, below the market consensus forecast."
(0 comments)
|
century 21: Mortgage Interest Rates Continue to Circle the Lowest Levels of 2014
- 11/13/14 05:26 AM
Today, 11/13//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.01% down from 4.02% last week. The average interest rate for 15 year fixed-rate mortgages was 3.20%, down from 3.21% last week. A year ago the 30 year rate was 4.35%. Freddie Mac's spokesperson said, "Fixed mortgage rates were slightly down on mixed results from October's employment report. While the unemployment rate declined to 5.8 percent, nonfarm employment rose by 214,000 jobs, which was below consensus expectations. Net revisions for payroll employment in August and September added 31,000 more jobs to the initial readings." The economy is
(0 comments)
|
century 21: Mortgage Interest Rates a Bit Higher for the Second Week
- 11/06/14 05:46 AM
Today, 11/6//2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.02% up from 3.98% last week. The average interest rate for 15 year fixed-rate mortgages was 3.21%, up from 3.13% last week. A year ago the 30 year rate was 4.16%. Freddie Mac's spokesperson said, "Mortgage rates continued to rise this week with the 30-year fixed-rate mortgage eclipsing the 4 percent mark. The rate increases coincide with real Gross Domestic Product beating consensus expectations of 3.0 percent growth by growing at an annualized rate of 3.5 percent in the third quarter. The ISM Manufacturing Index also beat expectations
(0 comments)
|
century 21: John Elwell's November 2014 Florida Real Estate Newsletter is Here!
- 11/05/14 06:50 AM
My November 2014 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open. Just click on the following link to download this month's newsletter: Download November 2014 Newsletter I hope that you will find this month's articles interesting and helpful. If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444 I also invite you
(0 comments)
|
century 21: Mortgage Interest Rates Bounce Back Higher This Week
- 10/30/14 07:11 AM
Today, 10/30/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.98% up from 3.92% last week. The average interest rate for 15 year fixed-rate mortgages was 3.13%, up from 3.08% last week. A year ago the 30 year rate was 4.10%. Freddie Mac's spokesperson said, "Mortgage rates grew across the board this week, rebounding from the lowest rates of the year. New home sales grew at an annual rate of 467,000 sales in September, the fastest rate observed during the recovery. Meanwhile, the National S&P Case-Shiller House Price Index grew at a seasonally adjusted annual rate of
(0 comments)
|
century 21: Mortgage Interest Rates Fall to Lowest Level in 2014 Again This Week!
- 10/23/14 03:11 AM
Today, 10/23/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.92% down from 3.97% last week. The average interest rate for 15 year fixed-rate mortgages was 3.08%, down from 3.18% last week. A year ago the 30 year rate was 4.13%. Freddie Mac's spokesperson said, "Fixed mortgage rates continued to fall this week after the yield on 10 year Treasuries dropped to their lowest point of the year. Existing home sales beat expectations in September clocking in at an annual rate of 5.17 million units, up 2.4 percent from August. Housing starts were up 6.3 percent in
(0 comments)
|
century 21: Zephyrhills, Florida to Host Halloween Howl 2014 on October 25th
- 10/22/14 07:39 AM
Zephyrhills, Florida will be holding its annual Halloween Howl in the downtown area of the city on October 25th from 4 PM to 9 PM. There will be a costume parade at 6:00 PM, with participants lining-up at 5:45 PM in front of the 7-11 Convenience Store. Participation is FREE! There will be a Haunted House in the Jeffries House located at 38533 5th Avenue and a Hayride in front of the Woman's Club across from the 7-11 Convenience Store. There is a $2 charge for the hayride. Enjoy our cooler evening temperatures and bring your ghosts and goblins to
(0 comments)
|
century 21: For the First Time in 2014, Mortgage Interest Rates Drop Below 4%!
- 10/16/14 09:41 AM
Today, 10/16/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.97% down from 4.12% last week. The average interest rate for 15 year fixed-rate mortgages was 3.18%, down from 3.30% last week. A year ago the 30 year rate was 4.28%. Freddie Mac's spokesperson said, "Mortgage rates were down sharply following the decline in the 10-year Treasury yield for the second straight week. Rates are at their lowest levels since June 2013 amidst continued investor skepticism regarding the precarious economic situation in Europe." Do keep in mind that we are a very large country, So figures
(0 comments)
|
century 21: Mortgage Rates Slip a Bit Lower! Poor Economic News to Blame!
- 10/09/14 08:12 AM
Today, 10/9/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.12% down from 4.19% last week. The average interest rate for 15 year fixed-rate mortgages was 3.30%, down from 3.36% last week. A year ago the 30 year rate was 4.23%. Freddie Mac's spokesperson said, "Fixed mortgage rates were down on a week filled with bleak forward projections from the Federal Reserve and concern over growth in Europe. Despite gloomy vernacular from the Fed, mortgage purchase applications were up 2 percent on the week and the labor market added 248,000 jobs, beating expectations and lowering headline
(0 comments)
|
century 21: October 2014 Real Estate Newsletter from John Elwell is Ready for You!
- 10/03/14 09:13 AM
My October 2014 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open. Just click on the following link to download this month's newsletter: Download October 2014 Newsletter I hope that you will find this month's articles interesting and helpful. If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444 I also invite you
(0 comments)
|
century 21: Mortgage Interest Rates Remain Very Stable This Week
- 10/02/14 09:27 AM
Today, 10/2/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.19% down from 4.20% last week. The average interest rate for 15 year fixed-rate mortgages was 3.36%, unchanged from 3.36% last week. A year ago the 30 year rate was 4.22%. Freddie Mac's spokesperson said, "Mortgage rates were flat to slightly down across the board as the Gross Domestic Product was revised up from 4.2 percent to 4.6 percent for the second quarter and the S&P/Case-Shiller National House Price Index was up a seasonally adjusted 0.2 percent for July and up 5.6 percent from the prior July. Pending
(0 comments)
|
century 21: Mortgage Interest Rates Slide a Little Lower this Week
- 09/25/14 07:43 AM
Today, 9/25/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.20% down from 4.23% last week. The average interest rate for 15 year fixed-rate mortgages was 3.36%, down from 3.37% last week. A year ago the 30 year rate was 4.32%. Freddie Mac's spokesperson said, "Mortgage rates were slightly changed with the rate on the 30-year fixed mortgage down three basis points. Meanwhile, existing home sales dropped 1.8 percent in August to a seasonally-adjusted annual rate of 5.05 million. Sales of new single-family homes surged 18.0 percent in August to an annual pace of 504,000 units.
(0 comments)
|
century 21: Mortgage Interest Rates a Bit Higher, But Still Very Low!
- 09/11/14 07:10 AM
Today, 9/11/2014, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.12% up from 4.10% last week. The average interest rate for 15 year fixed-rate mortgages was 3.26%, up a little from 3.24% last week. A year ago the 30 year rate was 4.57%. Interest rates and inventory level are still low. But finally we are seeing sellers who bought after the "boom" make some money on their sales rather than just breaking even or even having to bring money to closing just to get the sale done. Hopefully that will only increase in the future as prices
(0 comments)
|
|
|
|