century 21: Bid a Fond Farewell to the 2015 Hurricane Season in Florida
- 11/30/15 07:30 AM
Today, November 30th, is the official "last day" of the 2015 Hurricane Season. Though it sometimes happens, it is very unlikely that a storm will form now. The waters of the Atlantic Ocean are just too cool. And warm water is what powers these massive storms.We did not even get a decent tropical storm this year that affected our area. Earlier in the summer we did have an abundance of rain, but not from any hurricanes or other major storms.
Often people call me looking to buy a home and they want it near the gulf beaches. I work in an area … (1 comments)
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century 21: Thanksgiving 2015 - Little Change in Mortgage Interest Rates
- 11/25/15 04:47 AM
Today, 11/25/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.95% down from 3.97% last week. The average interest rate for 15 year fixed-rate mortgages was 3.18%, unchanged from last week. A year ago the average rate for a 30 year fixed-rate loan was 3.97%.
A Freddie Mac spokesperson stated:
"In a quiet week leading up to the Thanksgiving holiday, the 30-year mortgage rate dipped 2 basis points to 3.95 percent. Economic releases over the last week contained no major surprises, and none are expected in the next few days. The year is winding down, and the only … (0 comments)
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century 21: John Elwell's November 2015 Florida Real Estate Newsletter
- 11/01/15 03:12 AM
My November 2015 Real Estate Newsletter is now available for you to see.
Just click on the following link to view this month's newsletter: View November 2015 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 I think you will find a lot of useful information and links … (0 comments)
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century 21: Daylight Saving Time for 2015 to end TONIGHT!
- 10/31/15 03:37 AM
Don't forget to set your clocks back one hour before going to bed tonight. You want to make sure you get that extra hour of sleep we all deserve. All too soon it will be spring and we will have to give it back. So enjoy it while you can!
… (1 comments)
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century 21: Tiny Changes in Mortgage Interest Rates Prior to Halloween 2015!
- 10/29/15 09:31 AM
Today, 10/29/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.76% down from 3.79% last week. The average interest rate for 15 year fixed-rate mortgages was 2.98%, unchanged from last week. A year ago the average rate for a 30 year fixed-rate loan was 3.98%.
A Freddie Mac spokesperson stated:
"Treasury yields oscillated without a clear direction heading into the October FOMC meeting, as investors were confident there would be no rate increase. The 30-year mortgage rate was little changed, declining just 3 basis points to 3.76 percent this week. While the FOMC left rates unchanged at … (0 comments)
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century 21: 49th Rattlesnake Festival on 10/17/2015 in San Antonio, Florida
- 09/28/15 08:10 AM
Another summer has come and gone. And that can only mean one thing in eastern Pasco County, Florida, it is time to once again remind you that the 2015 San Antonio Rattlesnake Festival and Run , sponsored by the rotary Club of San Antonio, will take place on October 17th of 2015 from 9 AM to 5 PM. San Antonio, Florida is just to the north of Tampa and a few miles east of Interstate 75 in the hills of Pasco County on State Road 52. The festival takes place in the village park in the center of town. You cannot miss it!
This is a very popular and … (3 comments)
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century 21: Little Change for Mortgage Interest Rates This Week - Still Under 4%
- 08/20/15 08:44 AM
Today, 8/20/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.93% up from 3.94% last week. The average interest rate for 15 year fixed-rate mortgages was 3.15%, up from 3.17% last week. A year ago the average rate for a 30 year fixed-rate loan was 4.10%.
A Freddie Mac spokesperson stated:
"There was little movement in financial markets this week as the 30-year fixed mortgage rate remained steady, dropping only 1 basis point to 3.93 percent. Overall inflation grew an underwhelming 0.2 percent year-over-year in July, but core inflation remains steady at 1.8 percent keeping chances … (0 comments)
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century 21: After Small Drops, Mortgage Interest Rates Climb Slightly Higher
- 08/13/15 09:02 AM
Today, 8/13/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.94% up from 3.91% last week. The average interest rate for 15 year fixed-rate mortgages was 3.17%, up from 3.13% last week. A year ago the average rate for a 30 year fixed-rate loan was 4.12%.
A Freddie Mac spokesperson stated:
"The jobs report for July (2015) showed that the economy added 215,000 jobs, in line with expectations. Wage growth remains modest at 2.1 percent compared to the same time last year, and another solid if not stellar employment report leaves a potential Fed rate hike on the table for … (0 comments)
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century 21: Another Week with Lower Mortgage Rates Due to Overseas Economics
- 07/30/15 07:09 AM
Today, 7/30/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.98% down from 4.04% last week. The average interest rate for 15 year fixed-rate mortgages was 3.17%, down from 3.21% last week. A year ago the average rate for a 30 year fixed-rate loan was 4.12%.
A Freddie Mac spokesperson stated:
"Monday's 8 percent decline in Chinese stock prices triggered similar -- though smaller -- sell-offs in global equity markets. The associated flight to quality drove U.S. Treasury yields down nearly 5 basis points. Accordingly, 30-year fixed-rate mortgages fell 6 basis points to 3.98 percent. The mortgage rate … (0 comments)
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century 21: Mortgage Interest Rates Drop a Bit This Week says Freddie Mac
- 07/23/15 08:37 AM
Today, 7/23/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.04% down from 4.09% last week. The average interest rate for 15 year fixed-rate mortgages was 3.21%. down from 3.25% last week. A year ago the average rate for a 30 year fixed-rate loan was 4.13%.
A Freddie Mac spokesperson stated: "U.S. Treasury yields dropped following announcements that many blue chip companies' earnings failed to meet expectations. This drove the 30-year fixed rate mortgage down 5 basis points to 4.04 percent this week. Housing continues to be the bright spot in the economic recovery. Existing home sales beat … (0 comments)
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century 21: Mortgage Interest Rates Go Up just Before the 4th of July, 2015
- 07/03/15 09:19 AM
Yesterday, 7/2/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.08% up from 4.02% last week. The average interest rate for 15 year fixed-rate mortgages was 3.24%. up from 3.21% last week. A year ago the average rate for a 30 year fixed-rate loan was 4.12%.
Do keep in mind that we are a very large country, So figures that come out for the entire nation, may have little or no relevance for your particular area. In the end, it is best if you speak with a local REALTOR or financing expert to see what the … (0 comments)
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century 21: The 2015 Hurricane Season in Florida has now Begun! Be Ready!
- 06/16/15 06:40 AM
The 2015 Hurricane Season began on, June 1st in Florida and will be with us until November 30th this autumn.
Here are some things I have mentioned in previous posts that you should keep in mind. First, the State of Florida has a website that you can use to help your family or business get ready for disasters such as hurricanes. You can visit it by clicking on the following link: http://www.floridadisaster.org/ There are a lot of useful tips there that can help you. It is still not to late to visit this site and get your supplies. When a storm is on the … (0 comments)
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century 21: Little Change in Average Mortgage Interest Rates this Week
- 05/21/15 09:08 AM
Today, 5/21/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.84% down from 3.85% last week. The average interest rate for 15 year fixed-rate mortgages was 3.05%, down from 3.07% last week. A year ago the 30 year rate was 4.14%.
Freddie Mac's spokesperson said, "Mortgage rates were little changed this week amid positive housing news. Housing starts surged 20.2 percent to a seasonally adjusted pace of 1.14 million units in April, the highest level since 2007. As homebuying season moves into full swing, home builders remain positive about home sales in the near future. Although the … (0 comments)
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century 21: Another Week of Minor Hikes in Mortgage Interest Rates
- 05/07/15 08:34 AM
Today, 5/7/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.80% up from 3.68% last week. The average interest rate for 15 year fixed-rate mortgages was 3.02%, up from 2.94% last week. A year ago the 30 year rate was 4.21%.
Freddie Mac's spokesperson said, "Mortgage rates rose this week to the highest level since the week of March 12 as a selloff in German bunds helped drive U.S. Treasury yields above 2.2 percent. The U.S. trade deficit reached $51.4 billion in March to the highest level since 2008. Also, the Institute for Supply Management's manufacturing index … (0 comments)
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century 21: Average Mortgage Rates Creep Just a bit Higher This Week
- 04/30/15 07:37 AM
Today, 4/30/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.68% up from 3.65% last week. The average interest rate for 15 year fixed-rate mortgages was 2.94%, up from 2.92% last week. A year ago the 30 year rate was 4.29%.
Freddie Mac's spokesperson said, "Mortgage rates were up slightly following a week of mixed economic releases. Real GDP grew at a paltry 0.2 percent annualized rate in the first quarter of 2015, well below expectations. However, the National Association of Realtors' pending home sales index rose 1.1 percent in March for the third consecutive month. The S&P/Case-Shiller National … (0 comments)
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century 21: Average mortgage interest rates little changed this week!
- 04/16/15 07:21 AM
Today, 4/16/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.67% up from 3.66% last week. The average interest rate for 15 year fixed-rate mortgages was 2.94%, up from 2.93% last week. A year ago the 30 year rate was 4.27%.
Freddie Mac's spokesperson said, "Mortgage rates were little changed following a light week of economic reports and remaining low at the spring homebuying season. Of the few releases, the advance estimate of retail sales rebounded 0.9 percent in March though slightly below market expectations. Meanwhile, the National Association of Home Builders/Wells Fargo Housing Market Index jumped … (0 comments)
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century 21: After a Week of Increases, Mortgage Interest Rates Fall Again
- 02/05/15 08:15 AM
Today, 2/5//2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.59% down from 3.66% last week. The average interest rate for 15 year fixed-rate mortgages was 2.92%, down from 2.98% last week. A year ago the 30 year rate was 4.32%.
Freddie Mac's spokesperson said, "Mortgage rates fell this week following the release of weaker than expected pending home sales, which fell 3.7 percent in December. Moreover, real GDP growth for the fourth quarter was 2.6 percent and the Institute for Supply Management reported slower growth in manufacturing last month, both missing market consensus forecasts."
Do … (2 comments)
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century 21: 55+ Housing Market is one of the Strongest in the Country
- 01/23/15 06:40 AM
LAS VEGAS – Jan. 23, 2015 – The 55+ housing market fared quite well in 2014, and 2015 should be no different, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas.
"The 55+ housing market has been one of the healthiest segments of the overall housing market, and is likely to remain that way over the next several years," said Paul Emrath, NAHB's vice president of survey and housing policy research. "When you look at age-restricted single-family starts, there were as many in the first … (0 comments)
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century 21: Good Economic News on Many Fronts, Including Lower Mortgage Rates!
- 01/15/15 09:20 AM
Yesterday, 1/15//2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.66% down from 3.73% last week. The average interest rate for 15 year fixed-rate mortgages was 2.98%, down from 3.05% last week. A year ago the 30 year rate was 4.41%.
Freddie Mac's spokesperson said, "Mortgage rates fell for the third consecutive week as oil prices plummeted and long term treasury yields continued to drop despite a strong employment report. The economy exceeded expectations by adding 252,000 jobs in December which followed an upward revision of 50,000 jobs to the prior
two months. The unemployment rate … (0 comments)
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century 21: Starting 2015 with Lower Mortgage Interest Rates
- 01/08/15 07:46 AM
Yesterday, 1/8//2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.73% down from 3.87% last week. The average interest rate for 15 year fixed-rate mortgages was 3.05%, down from 3.15% last week. A year ago the 30 year rate was 4.51%.
Freddie Mac's spokesperson said, "Mortgage rates fell to begin the year as 10-year Treasury yields slid beneath 2 percent for the first time in three
months. Meanwhile, the Fed minutes indicated ongoing discussion regarding the timing of the first rate hike. Of the few economic releases this week, ADP Research
Institute reports the private sector … (0 comments)
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Today, November 30th, is the official "last day" of the 2015 Hurricane Season. Though it sometimes happens, it is very unlikely that a storm will form now. The waters of the Atlantic Ocean are just too cool. And warm water is what powers these massive storms.We did not even get a decent tropical storm this year that affected our area. Earlier in the summer we did have an abundance of rain, but not from any hurricanes or other major storms. 
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