John's Florida Real Estate Blog

By
Real Estate Agent - CENTURY 21 Bill Nye Realty, Inc.
Real estate news, opinion, and listings from Zephyrhills, Pasco County, Florida and the west central region of Florida in general. Licensed in Florida.

ARCHIVED BLOG POSTS

2008 

Today 3/27/08, Freddie Mac reported that the average mortgage interest rates for 30 year fixed-rate interest rates have dropped slightly while interest rates for 15 year fixed-rate mortgages rose slightly. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 5.85% (5...
03/27/2008
I have heard reports and have also heard similar information from local insurance agents, that Citizens Property Insurance and other larger companies are losing some of their business to smaller underwriters that are beginning to do business in the state. Though for some properties, Citizens may ...
03/23/2008
Today 3/20/08,  Freddie Mac reported that the average mortgage interest rates for 30 year and 15 year fixed-rate interest rates have dropped. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 5.87% (5.84% in the southeast), down from 6.13% a week ago. The average ...
03/20/2008
Today the Federal Reserve dropped its funds rate by 0.75%, so that it now sits at 2.25%. Many had predicted that they would drop it a full percentage point, but none-the-less, this was a significant drop. The rate now sits at the lowest it has been since December 2004. The Dow Jones reacted by go...
03/18/2008
The owners of this wonderful home for sale in the Colony Hills subdivision near Zephyrhills, Florida have just reduced its price to just $74,900! This is one of the most popular subdivisions in the area. This is not a rental park. You own the land here. This home has two bedrooms and two baths. ...
03/18/2008
We are being told that, in an attempt to further stimulate the economy, the Federal Reserve will reduce one of its key interest rates. This after another large reduction just a few weeks ago. Many think that they will drop it a full percentage point which is almost unprecedented. Others think the...
03/16/2008
This clean and neat double-wide mobile home is located in the Zephyr Shores subdivision, just to the west of Zephyrhills, Florida. Whether you are looking for a year round home or a place to escape the cold winter winds, this home might be just what you are searching for. It is being sold furnish...
03/15/2008
Today 3/13/08, after a drop last week,  Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans moved upward again. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.13% (6.08% in the southeast), up from 6.03% a week ago...
03/13/2008
I was going through some new listings today and remarked to a colleague how the current market had resulted in more equal commission splits than had existed back during the boom, when the listing agents were pretty sure that they could sell their own listings and quickly. I pointed out an example...
03/11/2008
Finally, after several weeks of seeing the average interest rates climb higher and higher, today 3/6/08,  Freddie Mac reported that the average mortgage interest rates for 30 year and 15 year fixed-rate interest rates have dropped a bit! Nationally the average mortgage interest rate for 30 year f...
03/06/2008
Rainmaker
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John Elwell

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