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 latest monthly employment report. As has been the case for the last few years, we may have experienced what appears to be the beginning of a reasonable economic acceleration, only to find that it was a momentary surge. While the continued slow progress, along with occasional surges, is growth, the economy has not moved to a point of not needing some economic aid, which has been coming almost exclusively in the form of Fed programs.
This holiday-shortened week is a light week, in terms of meaningful economic data. Barring some significant news event, or unexpected turbulence in the financial markets, we may not see much movement for mortgage rates this week. With the Federal Reserve meeting next week, the more likely it appears that it will hold off on additional tapering, the more rates may trend downward.
About flaloanarranger
“You can find me helping people make the home mortgage experience a positive one.” Since 1998, I have been originating mortgages (Purchase & Refinance) in south Florida. Commitment to Excellence is to help borrowers get the best mortgage rates available and close the loan without any problems. Hundreds of First Time Home Buyers, borrowers applying for FHA, VA, conventional mortgages, jumbo mortgages across south Florida have been served by me and my team. My lending team is in constant communication with borrowers from the beginning to the end of their transactions. We also keep all third parties such as Realtors, title companies, and insurance agents updated at all times. My Home Finder Team is totally service oriented.
My favorite thing is to help people obtain a home mortgage loan to buy the home of their dreams. Being able to change someone’s life because I was able to get them a home loan is the greatest feeling in the world next to being the father of two wonderful kids.
I enjoy playing roller hockey, cooking, exercising and reading. I've gone skydiving once and would definitely go again. Volunteering is also another passion of mine. I volunteer with Junior Achievement, Habitat for Humanity and several other local organizations.
Who I Help:
All Real Estate Home Buyers in Florida who want advice from the best mortgage lender. Whether you’re a First Time Home Buyer, a Move Up Buyer or an Investor I CAN HELP YOU!
I am based in Delray Beach and an office in Fort Lauderdale. I consider myself an expert in the home mortgage field because I understand the challenges of obtaining a home loan and help my clients and referral partners to avoid the pitfalls. I am my client’s eyes and ears in the financing world. The key to a successful loan is communication.
You can reach me at 561-371-5625
Specialties: FHA, VA, Conventional Financing 95% Loan, Jumbo Loan Financing, Refinance Expert, Residential Lending, Mortgage Insurance Expert, Purchase, Refinance, Rates
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