Explaining Today’s Mortgage Rates

Written by Fort Lauderdale Mortgage Syndicated User on July 20, 2023. Posted in For Buyers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates, Interest Rates.

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between the 30-Year Mortgage Rate and the 10-Year Treasury Yield. Here’s a graph showing those two metrics since Freddie Mac started keeping mortgage rate records in 1972:As the graph shows, historically, the average spread...

Gas leaked from bad fitting at Pennsylvania chocolate factory where 7 died in blast, report says

Written by Fort Lauderdale Mortgage Syndicated User on July 19, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Uncategorized.

By MICHAEL RUBINKAM (Associated Press) Natural gas leaked from a defective fitting at a Pennsylvania chocolate factory where a powerful explosion leveled one building, heavily damaged another and killed seven people, federal safety investigators said Tuesday as they continued to investigate the cause of the blast. One of two leaks at the R.M. Palmer Co. plant in West Reading was traced to a gas fitting that was installed in 1982 and was determined to have fractured, according to an investigative update released by the National Transportation Safety Board. Investigators also determined there...

US soldier who fled to North Korea had served 2 months in South Korea prison on assault charge

Written by Fort Lauderdale Mortgage Syndicated User on July 19, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, News, World News.

By HYUNG-JIN KIM, KIM TONG-HYUNG, TARA COPP and LOLITA C. BALDOR (Associated Press) SEOUL, South Korea (AP) — An American soldier who had served nearly two months in a South Korean prison, fled across the heavily armed border into North Korea, U.S. officials said Tuesday, becoming the first American detained in the North in nearly five years. Private 2nd Class Travis King had been held on assault charges and was released on July 10 after serving his time. He was being sent home to Fort Bliss, Texas, on Monday, where he could have faced additional military disciplinary actions and discharge from...

Tupac Shakur’s long-unsolved killing again under spotlight as Las Vegas police conduct search

Written by Fort Lauderdale Mortgage Syndicated User on July 19, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, National News, News.

By RIO YAMAT, JONATHAN LANDRUM JR. and MARIA SHERMAN (Associated Press) LAS VEGAS (AP) — Las Vegas police confirmed Tuesday that they served a search warrant this week in connection with the long-unsolved killing of Tupac Shakur, propelling the case back into the spotlight nearly 30 years after his death. Shakur, one of the most prolific figures in hip-hop, was gunned down the night of Sept. 7, 1996, in a drive-by shooting in Las Vegas. He was 25. No arrests have ever been made. Yet attention on the case, which has seen its share of conspiracy theories, has endured for decades. The Las Vegas...

Homebuyers Are Getting Used to the New Normal

Written by Fort Lauderdale Mortgage Syndicated User on July 19, 2023. Posted in For Sellers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates, Interest Rates, Selling Myths.

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for the 30-year fixed mortgage rate from Freddie Mac since last October. As you can see, rates have been between 6% and 7% pretty consistently for the past nine months:According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR),...

Nolan Arenado drives in four runs for Cardinals; Marlins drop fourth straight

Written by Fort Lauderdale Mortgage Syndicated User on July 18, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, Miami Marlins, MLB, Sports.

By WARREN MAYES ST. LOUIS — Nolan Arenado drove in four runs, Miles Mikolas threw six solid innings on two days’ rest, and the St. Louis Cardinals beat Miami 6-4 on Monday night, extending the Marlins’ skid to four games. Mikolas (6-5) gave up three runs on seven hits in six innings. He threw three perfect innings Friday night against Washington in a game that was halted by rain. Dylan Carlson drove in the other two runs and scored three for the underachieving Cardinals, who have won six of eight but remain last in the NL Central, tied with Pittsburgh. Before the game, President of Baseball...

4 slain in Georgia mass shooting memorialized as neighbors gather for candlelight vigil

Written by Fort Lauderdale Mortgage Syndicated User on July 18, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Uncategorized.

By KATE BRUMBACK and JEFF AMY (Associated Press) HAMPTON, Ga. (AP) — A few hundred people gathered Monday for a vigil to remember four victims of a mass shooting in an Atlanta suburb, singing “This Little Light of Mine” at the end as they lit candles in their honor. Family members, friends and neighbors were still shaking off disbelief at the 10-minute span Saturday when Scott Leavitt, 67; his wife, Shirley Leavitt, 66; Steve Blizzard, 65; and Ronald Jeffers, 66, were shot and killed. Police and witnesses named 40-year-old Andre Longmore as the shooter. “My parents loved each other,” Scott Leavitt...

Everything you need for a great cookout

Written by Fort Lauderdale Mortgage Syndicated User on July 18, 2023. Posted in Best Reviews, Consumer Reviews, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Network.

Choose the right tools The right gear can make or break your cookout experience. A quality grill is the centerpiece, but it shouldn’t be the only piece of equipment on your list. Barbecue-specific gadgets, food storage tools, and outdoor furniture and shelters go a long way toward the finest outdoor grilling session imaginable. Grill types There are several types of barbecue grills out there. Each has its strengths and weaknesses. When looking for the right grill, some basic guidelines can point you in the right direction. Gas: The ubiquitous gas grill delivers the most convenient barbecue...

Home Prices Are Rebounding

Written by Fort Lauderdale Mortgage Syndicated User on July 18, 2023. Posted in Buying Myths, For Buyers, For Sellers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Pricing, Selling Myths.

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we’re comparing to a ‘unicorn’ year when prices peaked well beyond the norm.To avoid an unfair comparison to that previous peak, we need to look at monthly data. And that tells a very different and much more positive story. While local home price trends still vary by market, here’s what...

Orlando Robinson again dominant, as Heat down Blazers 104-78 to close out summer league

Written by Fort Lauderdale Mortgage Syndicated User on July 17, 2023. Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, Miami Heat, NBA, Sports.

For weeks, when the Miami Heat and Portland Trail Blazers were mentioned in the same sentence, that sentence invariably also included the name of Damian Lillard. Sunday night was the exception. With the teams meeting in their final game at the NBA2K24 Summer League in Las Vegas, the focus instead was on the youth of each team, not the 33-year-old All-Star guard who has lobbied for a trade from the Blazers to the Heat. That let the Heat’s neophytes show that while the team chases elite veteran talent, there also is something to be said about the youth in the pipeline. With 2022-23 rookies Orlando...

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