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treasure coast real estate news

Mortgage rates hit seven-year high, close in on 5%

The 30-year fixed-rate mortgage rose 11 basis points to 4.94%, due to “strong business activity and growth in employment,” says Freddie Mac’s chief economist. from Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=373682
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Buyers catch a break: Mortgage rates drop to 4.83%

Rates remain near seven-year highs, but the drop from last week’s 4.86% offers a bit of relief after market anxiety over rising interest rates. from Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=373381
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Mortgage Rates Roar to a Fresh 2018 High

Rates for home loans surged on strong economic data, taking the benchmark rate to its highest point so far this year. The 30-year fixed-rate mortgage averaged 4.47%, according to Freddie Mac’s weekly survey, out Thursday....
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