Mortgage Market Update

The mortgage market for the week of July 18, 2024, shows that average rates on a 30-year fixed-rate mortgage have slightly decreased to 6.86%, while the 15-year fixed-rate mortgage now averages 6.17%. These shifts are influenced by recent economic indicators, including a cooler-than-expected June jobs report. Additionally, there is an increase in housing inventory, which is beneficial for prospective buyers. For personalized home financing in Florida, you can contact Lisbel Tasso at 239-287-3691, NMLS 344608​ (Money)​.

Lisbel Tasso 239-287-3691 NMLS 344608