interest rates: Another happy family moving to Cape Coral, FL
- 08/09/21 07:58 AM
Another late post Alert Congratulations to our clients & Friends on the purchase of their first home in #capecoralThank you for trusting us with the process! This beautiful house has 3 bed plus a DEN, a nice master bed with a huge walk in closet and the master bath with tub & shower. New AC and LVT flooring throughout and tile in wet areas. Great open floor plan and an spacious patio with enough room to put a pool! This house is located in a quiet area of NW Cape Coral with proximity to great Schools and easy access to Pine Island Rd … (14 comments)
interest rates: U.S. Long-Term Mortgage Rates Ease; 30-Year at 3.24%
- 05/26/20 07:44 PM
According to the NAR (National Association of Realtors) It’s the 4th straight week that the 30-year home loan stayed below 3.30%; the average rate on the 15-year fixed-rate mortgage slipped to 2.70%. Long-term U.S. mortgage rates eased this week in a housing market battered by the shutdown spurred by the coronavirus pandemic. Rates hovered near all-time lows as the benchmark 30-year home loan stayed below 3.30% for the fourth straight week.
Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year loan declined to 3.24% from 3.28% last week. A year ago, the rate stood at 4.06%.
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interest rates: 3 Reasons This is NOT the 2008 Real Estate Market
- 10/17/19 08:22 AM
No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up. SUPPOSITION #1A critical warning sign last time was the surging gap between the growth in home prices and household income. … (6 comments)
interest rates: Market report in a minute 9-30-19
- 09/30/19 05:08 PM
It's time for your weekly look at what's happening with rate movement, the economy and the housing market. Watch to the end for the "last word."
If you are looking to buy or sell a property this year in the areas of Cape Coral, Fort Myers, Lehigh Acres, Estero, Bonita Springs or Naples, FL please give me a call for a free consultation and I will help you to achieve your real estate goals! Abby Stiller - Realtor with ReMax Realty Group - Hablo Español 239-284-8637
Neighborhood AnalysisThe easiest way for you to analyze home listings and sales in your neighborhood! Just type in your address below … (2 comments)
interest rates: The Market in a minute 9-21-19
- 09/21/19 05:26 PM
It's time for your weekly look at what's happening with rate movement, the economy and the housing market. Watch to the end for the "last word." If you are looking to buy or sell a property this year in the areas of Cape Coral, Fort Myers, Lehigh Acres, Estero, Bonita Springs or Naples, FL please give me a call for a free consultation and I will help you to achieve your real estate goals! Abby Stiller - Realtor with ReMax Realty Group - Hablo Español 239-284-8637
Neighborhood AnalysisThe easiest way for you to analyze home listings and sales in your neighborhood! Just type in your address … (2 comments)
interest rates: What’s the Latest on Interest Rates?
- 08/30/19 02:12 PM
Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.
According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016.” Sam Khater, Chief Economist at Freddie Mac, notes how this is great news for homebuyers. He states, “…consumer sentiment remains buoyed by a strong labor market and low rates that will continue to drive home sales into the fall.” As a potential buyer, the best thing you can do is work … (2 comments)
interest rates: What Is The Cost Of Waiting Until Next Year To Buy?
- 06/08/19 07:18 AM
information provided by: KCM The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020. CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to by visiting: TeamStiller.com
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interest rates: Interest Rates Hit New 12 Month Low!
- 03/03/19 11:20 AM
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below. Freddie Mac’s Chief Economist, Sam Khater, had this to say: “Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last … (2 comments)
interest rates: How to Save Thousands of Dollars in Interest on Your Mortgage
- 12/30/18 03:26 PM
One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of your loan. Any additional payments to the principal amount (the original sum of money borrowed in a loan), helps to cut down the amount of interest that you will pay over the life of your loan and can also help to shave years off the loan as well. When you make ‘extra’ … (2 comments)
Another late post Alert Congratulations to our clients & Friends on the purchase of their first home in #capecoralThank you for trusting us with the process! This beautiful house has 3 bed plus a DEN, a nice master bed with a huge walk in closet and the master bath with tub & shower. 
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