Vero Beach Real Estate
It's pretty much a foregone conclusion that Vero Beach mortgage rates have already hit their all-time low when the benchmark 30-year fixed rate was 3.31 percent in November 2012. Vero Beach home buyers won't see that level again. But the point the folks at Freddie Mac are making is this: Vero Beach mortgage rates right now remain historically low. Remember […]
Vero Beach mortgage rates will go up in 2014. At least that's what just about every housing and mortgage analyst has been saying for several months now, and is still saying. The Fed announced recently that it would extend the so-called taper and cut its bond-buying by another $10 billion, to $65 billion. And yet for the past month, Vero […]
Vero Beach mortgage rates are declining after the recent announcement by the Federal Reserve that they were not going to start to reduce their Bond buying program. Instead they left their easing program intact for the time being and will continue to buy 85 Billion dollars' worth of Mortgage backed and Treasury Bonds per month. The slowing pace of economic […]
The question on everyone's mind who has even been remotely thinking about buying a home is, "are Vero Beach mortgage rates still headed higher?" All indications are, not for the time being. When the Federal Reserve surprised everyone when it announced it would not start tapering its purchase of mortgage-backed securities and Treasure bonds, it basically said to prospective buyers […]
In a move that surprised the financial markets, the Federal Reserve has said it is not yet ready to wind down its massive monetary stimulus, and that is believed to be positive news for Vero Beach mortgage rates. The surprise announcement from the Fed means it might not begin to wind down its bond buying until after Ben Bernanke's term […]
