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Posts By Jim Sahnger


Low Mortgage Rates and Low Home Prices Drive Sales in Palm Beach, Martin, St. Lucie, Broward and Miami-Dade Counties

South Florida Home Sales Jump Led by Miami-Dade

Single family home and condominium sales were up across the board as all of South Florida beat the national numbers reported the National Association of Realtors today in terms of percentage increase in units sold for the month of December on a year over year basis.
Media outlets will [...]

Palm Beach and Martin County Florida Mortgage Rate Roundup – Week of July 17

Palm Beach and Martin County Florida Mortgage Rate Weekly Roundup

In Palm Beach and Martin County Florida last week, most mortgage rate surveys would have you believe that mortgage rates this week should be lower than last.
According to both widely tracked indexes by Freddie Mac and Bankrate.com, interest rates declined anywhere from 1 to 6 basis points. For [...]

Mortgage Rate Roundup

Mortgage rates improved this week over last according to Freddie Mac. In their weekly survey of mortgage rates, the average interest rate offered declined approximately 0.125% for a 30-year fixed rate mortgage, for a rate of 5.20%. The average reported rate for a 15-year fixed rate mortgage declined also, although not as much, to close [...]