• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Mortgage Rates Sharply Higher, Erasing Most Of The Recent Recovery

  Mortgage rates shot higher on Thursday matching the quickest pace of the past several months seen at the beginning of January.  Although rates didn’t make it quite as high in absolute terms, much of the recent recovery was erased.  In other words, we’re now closer to early January’s levels than we are to yesterday’s levels.  The move was more than sufficient to bump Best-Execution for Conventional 30yr Fixed Loans up to 3.5%

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Prices Rose 7.4 Percent in November

Home prices nationwide, including distressed sales, increased on a year-over-year basis by 7.4 percent in November 2012 compared to November 2011 according to the CoreLogic HPI® report. This change represents the biggest increase since May 2006 and the ninth consecutive increase in home prices nationally on a year-over-year basis. On a month-over-month basis, including distressed sales, home prices increased by 0.3 percent in November 2012 compared to October 2012. The HPI

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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