1. Alex Cabrera, CDPE,Broker
  2. South Coast Realty, Inc.
  3. TOP PRODUCER serving Miami, Broward and Florida Keys!
  4. Office: 786.380.2383
  5. Alex@SouthCoastFL.com

Mortgage Rates & Information

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Thursday, August 10th 2017 9:06 am
definition of a Subprime mortgage loan according to googleWhat is a subprime mortgage?A subprime mortgage is a home loan offered to customers with poor credit history. These loans carry higher interest rates, justified by the greater risks associated with buyers that have poor credit.Signing on for [Read More]
Friday, July 28th 2017 9:13 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage dropping this week.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 3.92 percent with an average 0.5 point for the week ending J [Read More]
Friday, July 7th 2017 10:38 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage jumping over the short holiday week.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for [Read More]
Wednesday, July 5th 2017 5:58 pm
30-year mortgage rates hit 2017 low: 3.88%WASHINGTON (AP) June 29, 2017 Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.Mortgage buyer Freddie Mac said Thursday the 30-year fixed-rate mortgage averaged 3.88 percent, down [Read More]
Friday, June 9th 2017 10:18 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage dropping to the lowest level in several months.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 3.89 percent with an average 0.5 [Read More]
Friday, May 19th 2017 10:18 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage dropping to the lowest level in 2017.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 4.02 percent with an average 0.5 point for [Read More]
Friday, April 21st 2017 12:28 pm
Mortgage rates drop below 4%Mortgage Rate Trend IndexOnly 1 in 4 industry experts (24%) polled by Bankrate.com this week predict that rates will rise over the short term, while the rest divide evenly: 38% foresee a decline while 38% expect little change.WASHINGTON April 20, 2017 Mortgage rates sur [Read More]
Monday, April 17th 2017 12:18 pm
Average 30-year mortgage rate falls to 2017 low: 4.08%WASHINGTON (AP) April 13, 2017 Long-term U.S. mortgage rates fell for a fourth straight week, with the benchmark 30-year rate marking a new low for the year.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate home loans decl [Read More]
Tuesday, April 4th 2017 12:36 pm
Two Fed moves could push mortgage rates higherNEW YORK April 3, 2017 Interest rate hikes indirectly affect long-term mortgage rates but a separate Federal Reserve move later this year could also push rates higher once it starts selling Treasury securities or mortgage bonds that the Fed bought dur [Read More]
Friday, March 24th 2017 11:35 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage continuing to climb.The surveys reveals the following:30-year fixed-rate mortgage (FRM) averaged 4.23 percent with an average 0.5 point for the week ending [Read More]
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