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.
