Archive for the ‘News on Interest Rates’ Category

Some Signs That It’s Time To Buy

December 3, 2009 by Lenny Gurvich · Comments Off
Filed under: News on Interest Rates, Real Estate Market Reports 

Some signs that it may just be a good time buy Tampa real estate.

Affordability Of Tampa Real Estate Gets Big Boost

January 30, 2009 by Lenny Gurvich · Comments Off
Filed under: First Time Homebuyers, Mortgage Rate Watch, News on Interest Rates, Real Estate Market Reports, Tampa Real Estate 
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Affordability of homes increases.

Will Lower Rates Help?

December 19, 2008 by Lenny Gurvich · 2 Comments
Filed under: News on Interest Rates 
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So mortgage rates are now at historic lows. In fact, the average national rate is at the lowest level it’s been since Freddie Mac started its weekly surveys in 1971. This week’s average rate is 5.19%.
So will this help spur some activity in sales? Buyers still need a downpayment and still need good credit to [...]

How To Save $1600 and Mortgage Rate Update

September 12, 2008 by Mark · Comments Off
Filed under: Home Inspection Tips, Mortgage Rate Watch, News on Interest Rates 

We recently had a Uniform Mitigation Inspection Report done on our home and were told by our insurance company that our insurance premium will be reduced by $1,600 per year due to certain construction features of our home of which they were unaware. If you have not done so already, I would suggest that you [...]

Option ARMs Are The Optimal Loans

September 21, 2007 by Lenny Gurvich · 5 Comments
Filed under: News on Interest Rates, Tampa Real Estate 

Are you kidding me? For whom? Well according to some professors at NYU and Columbia, the option ARM really is the best kind of mortgage for both lenders and borrowers. (This of course in a perfect world.) From a Business Week article I just read:
The main points are as follows:

The option to pay less than [...]

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