Posted by: Wendy Harpp | July 25, 2012

Mortgage rate lowered again…..

I know, I know…it’s been months since I actively wrote a new blog. I have vowed to do a better job on my blogging 🙂

Today I want to update all of you on our market changes. Rates have been holding steady at around 4%, but this week we are seeing rates that have dropped even lower to 3 1/4 and 3 5/8 for a 30 year fixed mortgage. WOW…

The housing market continues to show growth in SW Florida and we are seeing quite a bit of new constructions. Inventory continues to remain low in the Cape with just over 1000 single family homes on the market this week. 

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