Florida Mortgage News Update from Kevin Sandridge

7:01 AM |

Unemployment Rate Drops To Lowest In 2 Years

2011-02-04 08:47:24-05
This morning, at 8:30 AM ET, the Bureau of Labor Statistics released its Non-Farm Payrolls report for January 2011. Mortgage rates are rising in response. Related posts:

Tying Friday’s Jobs Report To Rising Mortgage Rates Non-Farm Payrolls is the official name of the government's monthly...
Florida Mortgage Rates for the Week of October 4, 2010 Mortgage rates are tough to pin down because, although the...
Florida Mortgage Rate Update for the Week of May 10, 2010 Florida mortgage markets improved to their best levels of 2010...

Florida Mortgage Update for the Week of February 7, 2011

2011-02-07 08:47:32-05
Mortgage rates rose for the 4th time in 5 weeks last week, extending a losing streak which dates back 4 months. This week, they should do the same. Related posts:

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 Update for the Week of August 30, 2010 When Chairman Bernanke talks, markets listen. His comments about the...
Florida Mortgage Update for the Week of January 18, 2011 Mortgage markets worsened last week on a turn-around in sentiment...

Mortgage Rates Rise For The 7th Straight Day

2011-02-09 08:47:57-05
Mortgage rates are rising. Homeowners have lost 10% of their purchasing power since November. Related posts:

Retail Sales Weak In December; Home Affordability Gets A Boost Mortgage rates are easing lower this morning on just-released, slightly...
Lakeland – Winter Haven Rank Among Florida’s Best for Home Affordability The Lakeland - Winter Haven areas of Florida rank among...
Florida Mortgage Update for the Week of November 1, 2010 All things considered, it's dangerous to float a mortgage rate...

Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

2011-02-10 08:47:52-05
Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010. Related posts:

Foreclosure Activity Slows Again In June 2010 June marks the 16th straight month the filings topped 300,000....
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings...
Bank Reposessions Top 100,000 In A Month For The First Time Ever The number of foreclosure filings rose 3 percent in September,...

Mortgage Rates Return To April 2010 Levels

2011-02-11 08:48:03-05
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least. Related posts: