Reduced Interest Rates Increase Naples Buying Power

Reduced Interest Rates Increase Naples Buying Power

For the fifth straight week, mortgage rates have dropped! They are now at their lowest rate(s) since June 2013. As of October 23rd, the 30-year Fixed Rate stood at 3.92%, down from 3.97% the week before. With the recent downturn in the stock market, many investors have sought safety by buying U.S. Treasury notes, positively impacting mortgage rates. This is encouraging news given previous predictions for mortgage rate increases by mid-2015 and the reduction in rates has resulted in increased activity for lenders. Don’t get left out in the cold. To learn more about Naples Real Estate and my special Buy and Fly Buyer Travel Incentive Program call or email me at 239-273-4006 or….or visit my website at Fay Mlinarich, PA., Premiere Plus Realty.

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Phone: 239-273-4006
Dated: October 28th 2014
Views: 173
About Fay: Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technologica...

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