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homes for sale: Average Mortgage Interest Rates Reach New Historic Low Levels This Week! - 05/31/12 12:55 PM
Today, 5/31/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.75%, down from 3.78% last week. The average interest rate for 15 year fixed-rate mortgages was 2.97%, down from 3.04% last week. A year ago the 30 year rate was 4.60%. The market just keeps getting better and better for buyers. And for sellers too since lower rates mean more people qualify to buy their properties. Do keep in mind though, that recently we have seen the drop in home prices bottom out and they are starting to rise. Will this trend continue? Who knows. But we all … (0 comments)
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homes for sale: John Elwell is in the TOP 30 CENTURY 21 Agents For Sales in North Fla - 05/25/12 08:39 AM
CENTURY 21's national offices have just released the rankings for the number of sales during the 1st quarter of 2012. This time around I am in the Top 30 of all of the agents working for CENTURY 21 in North and Central Florida. And trust me, there are a lot of agents out there working. The ranking was based on the number of "sides" sold. So basically, the number of housing units sold during that period.
I credit a lot of this success to my work on the internet. I am one of the most internet adept agents in our area … (0 comments)
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homes for sale: New Lows for Average Mortgage Interest Rates - Now Just 3.79% - 05/17/12 12:45 PM
Today, 5/17/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.79%, down from 3.83% last week. The average interest rate for 15 year fixed-rate mortgages was 3.04%, down from 3.05% from last week. A year ago the 30 year rate was 4.61%. One has to wonder just how low they can drop and, even more importantly, how many of you will be able to lock in these low rates and get that home you have been waiting for. Lower rates not only make it easier to buy a home, but also make it easier to sell one. I … (0 comments)
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homes for sale: May 2012 Florida Real Estate Newsletter from John Elwell Now Available for You! - 05/04/12 05:21 PM
My May 2012 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: Download May 2012 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 to visit my my website where … (0 comments)
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homes for sale: Average Mortgage Interest Rates Hit New Record Low Levels - Freddie Mac - 05/04/12 04:29 PM
Yesterday, 5/3/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.84%, down from 3.88% last week. The average interest rate for 15 year fixed-rate mortgages was 3.07%, down from 3.12% from last week. A year ago the 30 year rate was 4.71%. Not since 1951 have rates been this low! That was before I was born! Wow!
Rates on bonds and on mortgages remained low due to indications that economic growth had slowed a bit and inflation was nearly non-existent in most sectors. In the case of mortgage interest, record low levels were achieved. Can you imagine having … (0 comments)
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homes for sale: Freddie Mac: Average Mortgage Interest Rates Back Down to 3.88% This Week - 04/26/12 10:51 AM
Today, 4/26/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.88%, down from 3.90% last week. The average interest rate for 15 year fixed-rate mortgages was 3.12%, down from 3.13% from last week. A year ago the 30 year rate was 4.78%.
A Freddie Mac spokesperson said that the Federal Reserve announced that it expected economic growth to continue at a moderate rate and them pick up speed later on. The Fed also pointed out that the labor market had improved and that they felt that unemployment numbers would be dropping gradually.
In the housing market improvement was … (0 comments)
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homes for sale: Patriot Flea Market in Zephyrhills, Florida Closed for the Summer of 2012 - Re-Opens in October! - 04/16/12 02:10 PM
My dad has informed me that the Patriot Flea Market just south of Zephyrhills, Florida is no longer open and is taking a break for the summer. That makes sense since so many of our residents have returned to their northern homes and the weather here is really heating up. Perhaps a little too hot to be wandering around under our intense summer sun here in Forida. Dad believes that the flea market will re-open in late October 2012. I will try to let you know when it is once again operating. You can get more information by visiting the … (0 comments)
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homes for sale: CENTURY 21 Bill Nye Realty's John Elwell is Amongst the Top 40 Agents for Sides Sold - 04/14/12 01:57 PM
For the first 3 months of 2012, CENTURY 21 Corporate has reported that I am amongst the Top 40 agents in northern and central Florida based on the number of "sides sold" in transactions. With the addition of the sales that I will conclude this month (April), I hope that perhaps that number will be even higher next month. At least it shows that I work hard and do get results for my clients.
If I can be of any assistance to you when you decide to sell and/or buy a home, do not hesitate to contact me at any time. Just call … (0 comments)
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homes for sale: Freddie Mac says Average Mortgage Interest Rates Take Steep Drop Again! - 04/12/12 09:11 AM
Today, 4/12/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.88%, down from 3.98% last week. The average interest rate for 15 year fixed-rate mortgages was 3.11%, down from 3.21% from last week. A year ago the 30 year rate was 4.91%. Big difference between this year and 2011. Also a big alteration from last week to this week! Changes like this can make a big difference in the total interest that you will pay over the life of a 30, or even a 15, year fixed-rate loan.
A Freddie Mac spokesperson said that since the yields on long-term Treasury bonds … (0 comments)
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homes for sale: April 2012 Florida Real Estate Newsletter from John Elwell - REALTOR in Zephyrhills, FL - 04/02/12 05:13 PM
My April 2012 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: Download April 2012 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 to visit my my website where … (0 comments)
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homes for sale: After a Rise, Average Mortgage Interest Rates Settle Back Below 4% Again - 03/29/12 11:50 AM
Today, 3/29/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.99%, down from 4.08% last week. The average interest rate for 15 year fixed-rate mortgages was 3.23%, down from 3.30% from last week. A year ago the 30 year rate was 4.86%. Nice to see the rates go down rather than continue upward. Four percent sure sounds good to me and a lot of my buyers. Sellers like it too since it means more people can afford to purchase their homes!
Unfortunately, part of the small dip was due to weaker housing indicators for January. New home sales … (0 comments)
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homes for sale: For First Time Since October 2011 Average Mortgage Interest Rates Cross Above 4%! - 03/22/12 10:27 AM
Today, 3/22/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 4.08%, up from 3.92% last week. The average interest rate for 15 year fixed-rate mortgages was 3.30%, up from 3.16% from last week. A year ago the 30 year rate was 4.81%. Those are still low numbers to be sure, but are not nearly as nice as they were just a week ago. One has to wonder if this is just a temporary blip or if they will continue to inch upward?
Again, the yields on US Treasury Bonds went higher and the interest on mortgages followed suit. … (0 comments)
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homes for sale: Freddie Mac: Very Slight Increase this Week for Average Mortgage Interest Rates - 03/15/12 02:57 PM
Today, 3/15/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.92%, up from 3.88% last week. The average interest rate for 15 year fixed-rate mortgages was 3.16%, up from 3.13% from last week. A year ago the 30 year rate was 4.76%. Current rates still remain historically low and the Federal Reserve said this week that they have no intentions at this time of raising rates before 2014. Of course, things can change in the world, so the only sure thing is that for RIGHT NOW the rates are low. So get them while you can. The … (0 comments)
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homes for sale: Freddie Mac: Average Mortgage Interest Rates Slip Just a Little Bit Lower This Week - 03/08/12 06:31 PM
Today, 3/8/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.88%, down from 3.90% last week. The average interest rate for 15 year fixed-rate mortgages was 3.13%, down from 3.17% from last week. A year ago the 30 year rate was 4.88%. Take advantage of these rates if you can! Nothing lasts forever, even though it may seem like they will.
A Freddie Mac spokesperson said, "With these historically low rates and declining house prices, the typical family had more than double the income needed to purchase a median-priced home in January, according to the National Association of … (0 comments)
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homes for sale: From Historic Lows, Interest Rates Move Up Slightly This Week: Freddie Mac - 02/23/12 02:08 PM
Today, 2/23/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.95%, up from 3.87% last week. The average interest rate for 15 year fixed-rate mortgages was 3.19%, up from 3.16% from last week. A year ago the 30 year rate was 4.95%! At some point interest rates had to start rising again, and this week they did! Not significantly, but buyers should take note and watch further movements VERY carefully. You do not want to get stuck with high interest rates when still historically low rates are still available. A word to the wise is sufficient! Or … (0 comments)
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homes for sale: Hurry if You Want to Claim Your 2012 Homestead Exemption in Florida! Don't Lose Out! - 02/16/12 08:20 PM
This message is for those of you who purchased and occupied a home during 2011 that will be your permanent (homestead) residence. Or for those who have now decided to live in their vacation homes on a permanent basis and are no longer declaring a home in some other state as their homesteaded residence.
Do be aware that homeowners who plan to make their homes their permanent residences, or in other words, their homesteads, should apply for the exemptions just has they have in the past. That means that they had to close on the purchase of their home and occupy it before the end of 2011.
Then they … (2 comments)
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homes for sale: Average Mortgage Interest Rates Stay at Record Low Levels - Unchanged from Last Week! - 02/16/12 06:59 PM
Today, 2/16/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.87%, unchanged from last week. The average interest rate for 15 year fixed-rate mortgages was 3.16%,unchanged from last week. A year ago the 30 year rate was 5.00%! This is the third week in a row that rates have been this stable!
A Freddie Mac spokesperson said, "Fixed mortgage rates were unchanged this week amid mixed confidence measures. Small business confidence ticked up slightly in January, representing a fourth consecutive month gain, according to the National Federation of Independent Business index. However, the Reuters/University of … (0 comments)
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homes for sale: East Pasco Association of REALTORS - 1st Annual Golf Tournament on March 17, 2012 - 02/15/12 08:40 PM
For the first time ever, the East Pasco Association of REALTORS (EPAR) will be offering its 1st Annual Golf Tournament at the Silverado Golf & Country Club in Zephyrhills, Florida on Saturday, March 17th.
Lunch and registration will take place at 12 noon with a 1:00 PM Shotgun Start.
$40 entry fee includes: lunch, drinks, tournament round of golf, cart amenities, a "goodie bag", and more!
To get more information and an entry form, click on the following link: Download EPAR Golf Sign-Up Form You can also call EPAR at: 813-312-6721.
All proceeds to benefit the East Pasco Association of REALTORs. … (0 comments)
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homes for sale: 2012 Pasco County Fair in Dade City, Florida from Feburary 20th to the 26th! - 02/15/12 06:30 PM
Our local 2012 Pasco County Fair will take place from February 20th to the 26th in Dade City, Florida. This local event is always popular with our year-round residents and our winter visitors. While others are shivering up north, we are walking down the midway under sunny skies and enjoying spring-like weather. This year it looks like we may have a lot of "summer" weather to make the fair even more pleasant!
This year the following activities will be a part of this annual event:
Dairy, poultry, hog, rabbit, cavy, bull, heifer, goat, sheep, and plant exhibits/judging. Demolition derbies (I always … (0 comments)
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homes for sale: Average Mortgage Interest Rates Mostly Unchanged - Still at Historically Low Levels - 02/09/12 07:39 PM
Today, 2/9/2012, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgages was 3.87%, unchanged from last week. The average interest rate for 15 year fixed-rate mortgages was 3.16%, up slightly from 3.14% last week. A year ago the 30 year rate was 5.05%!
Strong employment figures in January 2012 tended to push up many mortgage interest rates, However, the 30 year fixed-rate average interest was unchanged from last week and remains at historically low levels for a second week.
According to reports, our economy gained 243,000 jobs last month (January 2012). That was certainly good news since unemployment has been like … (0 comments)
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John Elwell
Zephyrhills,
FL
More about me…
CENTURY 21 Bill Nye Realty, Inc.
Address: 34619 State Road 54, Zephyrhills, FL, 33541
Office Phone: (813) 715-6810
Cell Phone: (813) 783-4444
Email Me
Real estate news, opinions, and listings from Zephyrhills, Pasco County, Florida and the west central region of Florida in general. Licensed in Florida.
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$64,900
2 br, 2 ba, 1,144 sqft
You will love this wonderful 2 bedroom/2 bath home located in Colony Hills, o...
$41,000
2 br, 2 ba, 864 sqft
PRICE REDUCED AGAIN!! This 2 bedroom/2 bath furnished mobile home is located ...
$49,900
2 br, 2 ba, 960 sqft
REDUCED! This 2 bedroom/2 bath furnished mobile home is located just west of ...
$129,900
4 br, 2½ ba, 2,280 sqft
Price has been reduced AGAIN on this wonderfully spacious 4 bedroom/2.5 bath ...
$35,000
2 br, 1 ba, 880 sqft
Don't want to spend a fortune to get your piece of the Sunshine State? Then c...
$65,000
2 br, 2 ba, 1,064 sqft
PRICE REDUCED! This beautiful and furnished double-wide mobile home is locate...
$69,900
3 br, 2 ba, 1,188 sqft
This great furnished 3 bedroom/2 bath double-wide mobile home is located in t...
$39,900
2 br, 1 ba, 648 sqft
This very nice 2 bedroom mobile home is located in popular Oaks Royal I &...
$54,000
2 br, 2 ba, 768 sqft
Looking for a winter retreat or a permanent home? Then take a serious look at...
$55,000
2 br, 2 ba, 840 sqft
This home is in a popular subdivision known as Spanish Trails Village in Zeph...
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