Category Archives: Mortgage Rate

South Florida foreclosure filings are up, but numbers may signal plateau

The recent surge of South Florida foreclosure filings is beginning to slow down, according to data from RealtyTrac. While the number of tri-county properties with foreclosure filings rose for the seventh straight month, there were only 10 percent more filings … Continue reading

Posted in Forclosure, Home Financing, Homebuyers, Market Watch, Mortgage, Mortgage Rate, Realtytrac, South Florida | Tagged , | Leave a comment

Miami sales prices up 17.7 percent, but gains reflect a complex picture

Distressed inventory made up 40 percent of all sales July 12, 2012 12:01AM By Alexander Britell The median sales price of Miami’s coastal residential properties rose 20.9 percent in the second quarter of 2012, compared to the same period in 2011, … Continue reading

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30-year mortgage rate drops to record 3.56%

WASHINGTON – July 13, 2012 – Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market. Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell … Continue reading

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