There are approximately 1.4 million Florida homeowners who would benefit from refinancing their homes because of lower mortgage rates according to a national research. firm. These homeowners are high quality refinancing candidates because they have at least 20% equity in their homes and a credit score over 720. Florida is second in the nation inContinue reading “$309 Average Monthly Savings”
Tag Archives: mortgage rates
Will Mortgage Rates Rise After Election?
This year mortgage rates reached an all time low for home buyers. After the 2016 election rates jumped from 3.74% to 4.24%. Many economists agree that mortgage rates will hover around 3%. The Federal Reserve has been keeping the Federal Funds Rate near zero which indirectly helps mortgage rates stay low. Additionally, there is stillContinue reading “Will Mortgage Rates Rise After Election?”