Hope everyone had a great Thanksgiving!
Here is the weekly update from Mickey Carlton, Mortgage specialist here in Orlando:
Mortgage interest rates were improving versus week-ago levels until mid-morning when bond pricing reversed course. Banks and mortgage companies began to worsen their pricing almost immediately. Currently, the one-eight percent improvement versus last week has given way and we are back in the same range as a week ago. Home buyers can expect to obtain thirty-year fixed rate conforming mortgages (<$417,000) without points in a range of 6.125% to 6.625% depending upon loan size and the creditworthiness of the individual borrower.
Check out my website at: www.audreybutlerhomes.com
