Monday Market Updates

Nov. 7, 2022

Market Monday - November 7th 2022

Happy Monday! 

This week, we say a slight drop in average rate drops! 

30 year fixed rate is down 0.8 points to 6.95%

15 year is down 1.2 points to 6.29%

5/1 year is down 0.2 5.95%. 

 

Oct. 31, 2022

Monday Market - October 31st, 2022

Happy Halloween!

Happy Monday! Here is he update of this past weeks listing stats, as well as updated rates per Freddy Mac!

A 30 year fixed rate mortgage is up 0.8 points to 7.08%

15 year rates are up 1.4 points to 6.36%

5/1 year …

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Oct. 24, 2022

Monday Market - October 24th 2022

Happy Monday,

Average mortgage rates as of October 24th are up!

30 year fixed rate mortgages are up 0.9 points to 6.94%

15 year fixed rate mortgages are up 1.1 points to 6.23%

5/1 year fixed rate mortgages are up 0.4 points to 5 …

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Oct. 17, 2022

Monday Market - October 17th 2022

Good afternoon, and welcome to a new week! 

Mortgage rates are up! Last week, we saw a small drop in rates, which we all hoped would be the start of the trend, but rates are back up this week. Lets take a look:

A year ago, interest rates stayed …

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Oct. 3, 2022

Monday Market - October 3rd, 2022

Happy Monday! 

 

This month is the start of the final quarter of the year! 3 months left means we are working as hard as we can to blow through are yearly goals, and we hope you are too. Take a look at the graphs below so we can …

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Sept. 26, 2022

Monday Market - September 29th, 2022

Happy Monday! 

We are back with our fourth Monday Market update, and rates have gone up almost a full percentage in the last 4 weeks! Interest rates haven't been like this in over a decade. It is expected that the Fed will increase rates 2 more times before …

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Sept. 19, 2022

Monday Market - September 19th, 2022

Happy Monday! 

How is it that we are already halfway through September? While time seems like it is moving along way to fast - we are excited for fall weather, bonfires, and lots of football! And we live in Florida, so when we say fall weather, we mean high 70 …

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Sept. 12, 2022

Monday Market - September 12th, 2022

Happy Markit (Sold) Monday! 🤪
Today is September 12th, 2022, which means we are in a new market week, so lets talk about todays interest rates.
Buying a home is a HUGE step, and if you're planning on getting a loan, you've probably been keeping an eye on interest …
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