Florida Mortgage News Update from Kevin Sandridge

6:46 AM |

15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds

2011-03-25 08:48:52-04
If you've ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising. No related posts.
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Florida Mortgage Update for the Week of March 28, 2011

2011-03-28 08:49:24-04
Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish. Related posts:

Florida Mortgage Update for the Week of March 21, 2011 The Florida mortgage market improved again last week despite an...
Florida Mortgage Rate Update for the Week of January 31, 2011 Mortgage markets improved this week as positive economic data was...
Florida Mortgage Update for the Week of March 14, 2011 Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are...

Pending Home Sales Rebound; Suggest Brighter Spring For Housing

2011-03-29 08:48:42-04
February's Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing. Related posts:

Pending Home Sales At The Highest Levels Since April 2010 Another day, another strong report for housing. The Pending Home...
Pending Home Sales Data Points To Higher Home Prices This Fall Overall, buyers are being drawn into housing by low mortgage...
Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find April marks the third straight month that pending home sales...

January 2011 Case-Shiller Index is Both Weak and Flawed

2011-03-30 08:49:15-04
According to the January Case-Schiller Index, values are down 3.1% from last year, retreating to the same levels from Summer 2003. As a buyer or seller in today's market, though, don't read too much into it. The Case-Shiller Index is far too flawed to be the final word in housing. Related posts:

Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index? As a home buyer and/or homeowner, should you put your...
Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide Standard & Poors released its Case-Shiller Index Wednesday. The report...
Case-Shiller Shows Slowing Growth In Home Prices… Two Months Ago Home values "crept forward" in July. But not that it...

Lock Now? Friday's Job Report Expected To Push Mortgage Rates Up.

2011-03-31 08:49:44-04
Friday, analysts expect to count another 190,000 jobs created. If the actual figure falls short, expect mortgage rates to ease. Otherwise, look for rates to rise. Probably by a lot. Related posts: