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 welcome relief for South Florida buyers who are actively looking at property to purchase. Its hard to say what rates will do in in the coming weeks and months, but active buyers may want to have that “lock” discussion with their trusted mortgage advisor.
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
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
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
2022 Was a Wild Ride for Waterfront Homes and Condos 2022 was an interesting year for real estate across the
30-Year Fixed Rate Approaches 6% Rates continue their downward trend with the 30-year fixed rate averaging 6.13% this week and
Closed Sales Down 42%, Median Prices Up 3.9% in December There were only 2,619 single family home sales in South
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