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

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]
Thursday, March 23rd 2017 12:33 pm
Average U.S. 30-year mortgage rate slips to 4.23%WASHINGTON (AP) March 23, 2017 Long-term U.S. mortgage rates slid this week from their highest levels of 2017.Mortgage buyer Freddie Mac said Thursday that the rate on 30-year, fixed-rate home loans fell to 4.23 percent from 4.30 percent last week. [Read More]
Friday, March 17th 2017 12:41 pm
30-year mortgage rates rise again: 4.30%WASHINGTON (AP) March 16, 2017 Long-term U.S. mortgage rates rose this week for a second straight week, posting new highs for the year. The markets were anticipating an increase in a key interest rate by the Federal Reserve, which the Fed announced Wednesday [Read More]
Wednesday, March 8th 2017 12:39 pm
More consumers turn to non-banks for their mortgageWASHINGTON March 6, 2017 More borrowers are choosing non-banks financial institutions that only issue loans and do not offer savings or checking accounts to get a mortgage in a major shift of borrower behavior.In 2011, 50 percent of all new mort [Read More]
Monday, March 6th 2017 1:38 pm
When it comes to mortgage rejections, Fla. is No. 1ORLANDO, Fla. March 3, 2017 What happens after a home sale closes and the new buyer has keys in hand? In the days and months that follow, how do most new homebuyers feel?To determine new homeowners satisfaction, NerdWallet created its first Home B [Read More]
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]