Average Vero Beach mortgage rates followed 10-year Treasury yields higher and rose for the third consecutive week last week. At 3.85%, the average 30-year fixed-rate Vero Beach mortgage rate is just below the high for 2015. The 15-year fixed Vero Beach mortgage rates averaged 3.07% with an average 0.6 point last week, up from the previous week when it averaged […]
Vero Beach Real Estate News – March 2015
In our Vero Beach Real Estate News for March 2015: Home Prices Up Year-Over-Year Home prices across most of the country were down for December, but still faired better than they were a year ago. Black Knight Financial Services released its latest Home Price Index Report this past week, which showed that home prices nationwide were down an almost-flat 0.1 […]
Vero Beach Gas Prices Affecting Mortgage Rates?
We're betting you thought lower Vero Beach gas prices could only mean positive things for the economy, right? If you're in the market for a home mortgage, Vero Beach gas prices could be having an effect on the rate you can get. How Vero Beach Gas Prices Affect Mortgage Rates Believe it or not, oil investments and Vero Beach gas […]
Vero Beach Mortgage Rates Expected Higher Next Year
According to the latest forecast from Freddie Mac's economists, Vero Beach mortgage rates are expected to hit 5 percent for a 30-year fixed rate loan in 2015. Expect to see interest rates climb throughout 2015, with yields on the 10-year Treasury averaging about 2.9 percentage points, up from about 2.6 percentage points in 2014, and 30-year fixed Vero Beach mortgage […]
Vero Beach Real Estate News – November 2014
In our Vero Beach Real Estate News for November 2014: Pending Vero Beach Home Sales Up Slightly in September Pending Vero Beach home sales ticked up slightly in September after dropping in August, as it remained difficult to qualify for mortgage financing. Nationwide, The National Association of Realtors' Pending Homes Sales Index, which is based on contracts signed for previously-owned […]