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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Friday, March 3rd 2017 12:48 pm
Average 30-year mortgage rate falls to 4.1%WASHINGTON (AP) March 2, 2017 Long-term U.S. mortgage rates fell this week, breaking a holding pattern that prevailed for more than a month.Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate loans declined to 4.10 percent from 4.16 p [Read More]
Tuesday, February 28th 2017 4:07 pm
Whats Hurting Your Credit?How do you react to the dreaded question we all have to endure many times in our adult lives What is your CREDIT SCORE? There are numerous items that have a negative effect on credit scoringthatmost of us are naive too. We trust what we have learned over the course of adula [Read More]
Friday, February 24th 2017 10:22 am
Mortgage Giant, Freddie Mac released this weeks Prime Mortgage Market Survey (PMMS) showing the average mortgage rates on a fixed rate mortgage rising slightly this week and the percentage of all new applications that were seeking refinancing slipped from 46.9% to 46.2%, this is the lowest level sin [Read More]
Monday, February 13th 2017 1:41 pm
Student Loans IMPACTS on Mortgage LoansHow do student loans affect credit scores? Student loans are treated like installment loans by Experian, TransUnion and Equifax (the three major credit bureaus). Installment loans are loans with a set repayment time line such as mortgages and car payments. When [Read More]
Friday, February 10th 2017 1:33 pm
Average 30-year mortgage rates slip again to 4.17%WASHINGTON (AP) Feb. 9, 2017 Long-term US mortgage rates eased slightly this week.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans slipped to an average 4.17 percent from 4.19 percent last week. That was still sharply h [Read More]
Wednesday, February 8th 2017 3:15 pm
Understanding Earnest Money DepositDown payments are very different from Earnest Money Deposit. The 0% down, 3.5% down, etc are a different aspects of purchasing a home. In a perfect world when someone wants to buy a home, they would sign a contract and shake the sellers hand as a commitment to foll [Read More]
Friday, February 3rd 2017 2:51 pm
WOW, is what you will say when you enter this immaculate move in ready home! Pride of ownership is obvious around every corner! Everything in this house has been updated or remodeled so you don't have any projects to worry about! No detail was missed from the complete kitchen remodel, new flooring ( [Read More]
Wednesday, February 1st 2017 1:29 pm
When should buyers lock in a mortgage rate?CHICAGO Jan. 25, 2017 A mortgage rate lock helps protect homebuyers from fluctuating mortgage rates as they're getting ready to buy a home. It locks in the interest rate for a loan for a certain period of time until the buyer makes it to closing. By locki [Read More]
Monday, January 30th 2017 10:11 am
PROPERTY TAX EXEMPTION FOR HOMESTEAD PROPERTYWhether youre buying your first house or buying for the first time in Florida after owning a home in another state, you should know about Floridas property tax system and how it applies to your new home.Your Taxes vs. the Previous Owners TaxesMany first-t [Read More]
Friday, January 27th 2017 1:03 pm
Average 30-year mortgage rate rises to 4.19%WASHINGTON (AP) Jan. 26, 2017 Long-term U.S. mortgage rates rose this week after three weeks of declines, marking their first increase of the year.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans climbed to an average 4.19 pe [Read More]
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