Florida Real Estate Market | The Numbers That Drive Real Estate: Mortgage Rates
Posted on July 30, 2009
Filed Under Florida Real Estate Market Update | 1 Comment
In this installment of the Keller Williams report: The Numbers That Drive Real Estate, we look at Mortgage Rates…
Mortgage rates are settling back down after spiking in recent weeks following rising yields on long-term government debt, which are closely tied to mortgages rates, amid concerns over the government’s deficit spending and inflationary pressure.
Average rates for 30-year mortgages fell for the second straight week to the lowest level in six weeks on weak employment figures and declining home values in many markets.
Mortgage Rates
30-Year Fixed
Check back for the next installment in this series: The Numbers That Drive Real Estate: Affordability.
Jennifer Mackay
850-774-6582
www.jennifermackay.com
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Author : Jennifer Mackay - Posts:284
Jennifer Mackay is an award winning real estate agent and Keller Williams team leader in the Panama City Florida area. Her website: Panama City Real Estate provides guidance, information and free buying and purchasing features for registered visitors. Follow: @realtorjennifer | Facebook
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[...] Jennifer Mackay wrote an interesting post today onFlorida Real Estate Market | The Numbers That Drive Real Estate <b>…</b>Here’s a quick excerpt [...]