Mortgage rates in Florida (edit/delete)
We have the BEST Mortgage Rates in Florida! With first class service and the best pricing around! It’s a great feeling to know my rate is always better than everyone else. Banks do not beat us! click here to get preapproved.
National Average 5.29% with .75% loan origination
Our rates 4.75% with 1% loan origination
5% 30 Year Fixed with NO broker points.
MARKET UPDATE:
The labor market reported $576,00 new claims for unemployment benefits. It was higher that any analyst expected but to my surprise did not have much impact on rates. Usually when we see an increase in unemployment, it pushes rates higher. Leading economic indicator saw an increase of .6% which was nominal and thus left rates flat today. We will see tomorrow report on existing homes sales but will not have a major impact unless there is a significant increase or decrease. I am telling my clients to float your rate for now and watch the market carefully.
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