Monthly Archives: January 2014
Mortgage Rates Drop – How Far Will They Go?
A global “flight to safety,” where money flows out of other investments and into the relative safety of US Treasuries, helped draw down mortgage rates last week. A report on China’s manufacturing industry revealed some unexpected contraction, spooking US and … Continue reading
Easier or Harder to Get a Mortgage?
Easier or Harder to Get a Mortgage? With new rules in place, more coming, and a host of other changes in the financial industry, there are conflicting opinions on what will happen in the coming months and years. According to … Continue reading
Weekly Commentary
Mortgage rates slipped downward some, last week, with economic news and data continuing to show a very slowly growing economy. Both Retail Sales and Industrial Production posted tiny gains, but not enough to bring mortgage rates up, especially after the … Continue reading
Housing Market Conditions WPB & FTL
Housing Market Condition: Current: SOFT Short-Term Projection: IMPROVING Observations: Fort Lauderdale’s economy is moving in the right direction as 21,900 workers were added to the payrolls over the last 12 months. Year-over-year job growth recovered after slowing the last … Continue reading