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Mortgage Interest Rate

My Insights, Market Updates, Business News, Community Events

February 9, 2023

Good News for Miami!

Miami’s housing prices are supposed to stay strong and actually increase by a projected 0.8% this year. As one of only two areas in the nation that is expected to have an increase – ever other market is expected to see a decline!
July 20, 2022

Mortgage Rates in Miami

Overall, while I wish mortgage rates were lower, I do not think that the increase – which supposedly will hover around where it is now – will stop our busy real estate market, at least not in South Florida.
November 3, 2021

What Will 2022’s Mortgage Rate Hike Mean for Real Estate?

Mortgage rates are expected to rise to 4% in 2022, according to Rates have been historically low so buyers have been spoiled, but 4% for a 30-year fixed mortgage is still a great interest rate.
June 2, 2021

Interest Rate Update

Mortgage rates have been favorable for a while now – they even reached historic lows for 30 year fixed mortgages in 2020. While 30 year fixed […]
April 14, 2021

A Busy Market Means More Mortgages

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 – up 6% from the previous quarter and up 55% from a year […]
March 17, 2021

What is Happening with Mortgage Rates?

It is well known that the Miami real estate market is on fire, with people moving to South Florida in droves during this unprecedented time. I […]
October 5, 2020

Interest Rates to Remain Low

During its September meeting, the Federal Open Market Committee (FOMC) voted to keep interest rates between 0% – 0.25%, and all indications point to those rates […]
April 15, 2020

What’s Going on in the Mortgage World These Days

What’s going on in the mortgage world these days? I recently spoke with Todd Roderiquez of Blue Harbor Lending in Miami, FL. With all that is […]
January 3, 2018

Early 2018 is the Time to Buy a New Home

As a Realtor, mortgage rates are always something of which I want to be aware. In this business, many of my buyers borrow money, which makes […]