home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: Average Mortgage Interest Rates as of June 23, 2015 - 06/25/15 06:58 AM
Today, 6/25/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.02%. The average interest rate for 15 year fixed-rate mortgages was 3.21%.
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 situation is for your part of the United States. Florida is not Michigan, nor is Maine the same as California. Market conditions … (0 comments)

home financing: Good Economic News Pushes Mortgage Interest Rates Above 4% - 06/11/15 07:55 AM
Today, 6/11/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.04%up from 3.87% last week. The average interest rate for 15 year fixed-rate mortgages was 3.25%, up from 3.08% last week. A year ago the 30 year rate was 4.20%.
Freddie Mac's spokesperson said, "Mortgage rates rose above 4 percent for the first time since November 2014 as Treasury yields surged. Markets are responding to strong employment data. In May, the U.S. economy added 280,000 jobs. Moreover, job openings surged to 5.4 million in April, up over 20 percent from a year ago."
Do keep in mind … (0 comments)

home financing: Only a Very Slight Increase in Mortgage Rates This Week - 05/28/15 07:39 AM
Today, 5/28/2015, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.87%up from 3.84% last week. The average interest rate for 15 year fixed-rate mortgages was 3.11%, up from 3.05% last week. A year ago the 30 year rate was 4.12%.
Freddie Mac's spokesperson said, "Mortgage rates rose to the highest level in 2015 following positive housing market data. New home sales surged 6.8 percent to an annual pace of 517,000 units in April. Although existing home sales slipped 3.3 percent to a seasonally-adjusted pace of 5.04 million units, sales are up 6.1 percent on a year-over-year … (0 comments)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

home financing: 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)

 
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John Elwell

You Deserve a Full-Time Agent, Not Reduced Results

Zephyrhills, FL

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CENTURY 21 Bill Nye Realty, Inc.

Address: 34619 State Road 54, Zephyrhills, FL, 33541

Office: (813) 715-6810

Mobile: (813) 783-4444

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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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