Fred Mullins, Donna Mullins, & Erin Biby
Coldwell Banker Schmitt Real Estate Company
1201 White Street Ste. 101 Key West, FL 33040
Direct: 305-745-9440
Email: mullinsf@bellsouth.net
Website: www.lowerkeys-homes.com
The nationwide average rate for a 30-year mortgage rose very slightly last week to 4.14%, up from 4.12%. The average 15-year mortgage rate increased to 3.27% from 3.23% last week. These rates are still below what they were last year at this time.
The Fed has stated that it wants to see more of an improvement in the economy before raising its key short-term interest rate.
Information obtained from: http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=311918
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