February 1st, 2024 Mortgage rates dropped again this week reaching the lowest rate we’ve seen since May of 2023. The 15 year fixed rate mortgage dropped below 6% while the
Mortgage rates trended down for the third straight week as new data indicates inflationary pressures are receding. The consumer price index slowed to 3.2% in October which is down from
Since reaching 7% last November, 30-year fixed rates have slowly ticked down and have hovered just above 6% for the past month. Buyers seem to be getting used to the
30-Year Fixed Rate Approaches 6% Again Just in time for our peak winter season, mortgage interest rates have dropped down again for the third week in a row. Inventory is
30-Year Fixed Rate Approaches 6% Rates continue their downward trend with the 30-year fixed rate averaging 6.13% this week and the 15-year fixed rate averaging just 5.17%. This should help
30-Year Fixed Rates Continue Downward Trend As we head into the holidays there is welcome relief from the mortgage markets with 30-year fixed rate mortgages averaging just 6.27%. This is
For the third straight week mortgage rates have continued their downward trend as optimism grows around the expectation that the Fed may slow the pace of rate hikes. This is
30 Year Fixed Approaches 7% 30 year fixed rates settled just below 7% this week continuing the dramatic rise that started at the beginning of the year. Rates are at
From June 2021 to June 2022 mortgage interest rates have jumped about 2 percent. Historically that is an unusually high increase in rates and is difficult for many buyers to
Mortgage interest rates started their steady rise at the beginning of the year and have continued to inch up ever since. According to Freddie Mac’s Primary Mortgage Survey the 30
Mortgage rates have increased for seven consecutive weeks in the middle of South Florida’s busiest buying season. According to Freddie Mac’s recent Primary Mortgage Market Survey, 30 year fixed rates
Mortgage interest rates flatten after small increase Mortgage interest rates have flattened over the past week after gradually rising over the past month. The 30-year fixed rate mortgage is averaging
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