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Weekly Mortgage Update from John Gonos

by on February 17th, 2015 Leave a Comment

Retail Sales Fall Short Average 30-year fixed rate Week of 02/13 +0.01% Week of 02/06 +0.15% —————————- Stocks (Weekly) Dow: 17,450 +200 NASDAQ: 4,405 +100 On the heels of the Feb. 6 labor market report, mortgage rates drifted higher during the first half of last week. They reversed direction on Thursday due to a shortfall […]

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Weekly Mortgage Update

by on February 10th, 2015 Leave a Comment

With Valentine’s Day just around the corner, it is interesting to review data points on homebuying trends for singles and married couples. According to the Wall Street Journal, single men and women bought homes at approximately the same rate in the 1980s. Today, that has changed: approximately 20% of homebuyers are single women while 10% […]

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Happy New Year and a mortgage update.

by on January 5th, 2015 Leave a Comment

I trust everyone had a good Holiday Season. I know that the Demand for homes in the Tampa Bay Area did not slow down In fact, personally it was busier. Ā Mortgage rates dropped a little lower. That being the case, here in Florida the pace is picking up on the 2nd Home or Vacation Home […]

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