Florida Mortgage News Update from Kevin Sandridge

7:15 AM |

As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

2010-10-19 08:47:54-04
According to the NAHB, October's HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer's weak new homes sales figures would otherwise suggest. Related posts:

As Homebuilder Confidence Stagnates, Deals Abound Home builder confidence held firm this month, according to the...
Sagging Homebuilder Confidence Opens The Door For Good Deals Remember, it wasn't too long ago that most builders were...
New Homes Sales Gain in June, But Gains Are Relative June's New Home Sales data is a major improvement over...

See How Credit Missteps Lower Your Credit Score

2010-10-21 08:48:00-04
The company behind the popular FICO scoring model has published a "What If?" series for common, specific credit missteps. Related posts:

Lakeland Mortgage Update: 7 Tips for Protecting Your Credit Score Credit scores not only make the difference between a mortgage...

Florida Mortgage Update for the Week of October 25, 2010

2010-10-25 08:49:10-04
The dollar was strong in the first part of last week, then weakened through Friday's close with the G-20 meeting looming. Mortgage rates trended along similar lines. Related posts:

Florida Mortgage Rate Update – Week of February 8, 2010 Mortgage markets improved last week on domestic jobs data and...
Florida Mortgage Rate Update for the Week of June 14, 2010 Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and...
Florida Mortgage Rate Update for the Week of July 26, 2010 Rates are still hovering near their lowest levels of all-time,...

Time To Refinance? Mortgage Rates Down 1.00 Percent Since April.

2010-10-28 08:48:44-04
The rate-and-fee combination you'd get in your home state is different from the rate-and-fee combination you'd get if you lived somewhere else. In the West, rates are low and fees are high; in the Southeast, it's the opposite. Related posts:

Is Now a Good Time to Consider an Adjustable Rate Mortgage? Each week, government-led Freddie Mac publishes a weekly mortgage rate...
Conforming Loan Costs Are Rising, Says Freddie Mac Mortgage rates in Florida may be dropping, but mortgage costs...
How You Can Get The Most Accurate, Real-Time Mortgage Rate Quotes Available Although the newspapers reported mortgage rates down last week, they...

Florida Mortgage Update for the Week of November 1, 2010

2010-11-01 08:47:34-04
All things considered, it's dangerous to float a mortgage rate this week. If you're not already locked, talk to your loan officer prior to Wednesday afternoon. Related posts: