Mortgage Rates May Be On The Rise

Mortgage and Lending with America's Mortgage Lender llc. 62320

 For now I think once congress makes a decision on whether or not they raise the debt ceiling will determine the rates in weeks to come.  Although I am optimistic, with such a volatile market we all want the interest rates to stay low...  "Keeps  us all employed."




Mortgage rates may be on the rise in Florida, whether it's short-term or long-term, home owners should be aware of this news. Here is the latest news about the increases

(all increases occur within a weeks time):

30 year fixed-rates: increased from 4.51 to 4.60 percent

15 year fixed-rate:  increased from 3.69 to 3.75 percent
5 year adjustable-rate: increased from 3.22 to 3.30

1 year ARM: increased from 2.97 to 3.01 percent


Stephanie Leon

Avanti Way Realty
Lic. Realtor

"Others show Houses... I show RESULTS...

Contact me at:
Ph: 786-664-7710
Fax: 305-229-1299




Copyright 2011 Stephanie Leon

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