Florida Mortgage News Update from Kevin Sandridge

7:50 AM |

5-Year ARM Falls To Historic Lows

2011-07-01 08:48:07-04
The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There's never been a better time to lock an ARM. Related posts:

Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage. If you plan to sell your home within 5 years,...
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages Currently, relative to fixed rate mortgages, ARM pricing is excellent....
Time To Refinance? Mortgage Rates Down 1.00 Percent Since April. The rate-and-fee combination you'd get in your home state is...

Florida Mortgage Update for the Week Of July 5, 2011

2011-07-05 08:49:00-04
Mortgage markets worsened last week as Wall Street's renewed optimism pushed equities to their best one-week gain in close to 12 months. Related posts:

Orlando Mortgage Update for the Week of May 9, 2011 Orlando mortgage markets improved last week on a bevy of...
Florida Mortgage Update for the Week of May 2, 2011 Last week marked the 3rd consecutive week through which conforming...
Florida Mortgage Update for the Week of June 27, 2011 Mortgage markets improved again last week on a revised economic...

What To Know Before You Move To A New Neighborhood

2011-07-06 08:48:24-04
In this 5-minute piece from NBC's The Today Show, you'll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for purchase. Each is focused on findings you won't see listed on a website. Related posts:

Do You Know What Questions To Ask Your Lender? In this back-to-basics interview, you'll learn some mortgage planning basics...
Practical Advice : How To Help Your Home Sell Faster Home sellers that want to sell quickly should take a...
Rent A Home Or Buy A Home : The Case For Both Sides Is it better to rent a home, or to buy...

Economy Expected To Have Added 80,000 Jobs In June

2011-07-07 08:49:41-04
Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you're currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report's release. Often, by a lot. Related posts:

Unemployment Rate Drops To Lowest In 2 Years This morning, at 8:30 AM ET, the Bureau of Labor...
Lock Now! Friday’s Job Report Expected To Push Mortgage Rates Up. Friday, analysts expect to count another 190,000 jobs created. If...
Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report Analysts expect that a net 65,000 jobs were lost in...

Mid-Year Review : Were The Experts Right About The Market?

2011-07-08 08:49:42-04
The year is half-over. It's an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the "experts" can be wrong as often as they are right. Related posts: