Monday, August 17, 2009

MORTGAGE RATES IN NAPLES FLORIDA


DAILY MORTGAGE RATES IN NAPLES FLORIDA

National Average 5.35% with 1% loan origination

Our rates 4.875% with 1% loan origination

5.125% with NO points

Market update:

The FED last week laid out a strategy to keep rates low moving forward.

They once again will start slowly purchasing Treasuries but will halt if rates move in a upward trend.

I believe the FED will continue to purchase mortgage back securities in the near future.






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