Mortgage Rates are trending up.

By
Real Estate Agent with RE/MAX Premier Properties SL3238273


 

Although rates are lower than they were in the previous years, rates are steadily climbing. Rates are getting better from the results of a stronger economy as well as strong sales in the housing and manufacturing marketplaces.

 

In Osceola County, FL the real estate housing market total sold dollar volume is up 41% YoY.  We are seeing very competitive marketplaces in the county.  In the 34747 zip code of Kissimmee, FL, a strong sales trend has presented it self with a 52% increase in total sold dollar volume YoY. This area is the corridor to Disney World FL where the average sold price is $271,377.

 

Nonetheless, it is still a good time to buy with the 30-Year Fixed Mortgage rate at 4.57% (See chart below for the different mortgage rate details).

 

 

Mortgage Rates

Freddie Mac's Weekly Primary Mortgage Market Survey

Current week (ending September 5, 2013 )

Previous week (ending August 29, 2013 )

30-Year Fixed Mortgages

4.57 %

4.51 %

15-Year Fixed Mortgages

3.59 %

3.54 %

5/1-Year Adjustable Rate Mortgages

3.28 %

3.24 %

1-Year Adjustable Rate Mortgages

2.71 %

2.64 %

 

 

Posted by
Thanks,

James Williams III-REALTOR
ABR (Accredited Buyer's Representative), CRS (Certified Residential Specialist), ACP (Accredited Commercial Professional), AHWD (At Home with Diversity), BPOR (Broker Price Opinion Resource), CDPE (Certified Distressed Property Expert), CIAS (Certified Investor Agent Specialist), e-PRO (Technology Specialist), FMS (Florida Military Specialist),  FSP (FIVE STAR Professional-Short Sale & REO Certified), RSPS (Resort & Second-Home Property Specialist), SFR (Short Sales & Foreclosure Resource), PPMC (Professional Property Management Certification), 203k Specialist (FHA Home Purchase & Renovation Program)
 

 

 
P.S.
"Oh, remember, by the way, I'm never too busy for any of your referrals."
 
www.HomesInMyOrlando.com

RE/MAX Premier Properties
404 Broadway
Kissimmee, FL 34741
jameswilliamsiii@remax.net

Cell: 321-402-6261
Direct Fax: 407-965-2495

Office: 407-343-4245
Office Fax: 407-343-4246
 
 
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James Williams III

ABR, CRS, & SFR
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