Interest rates decrease when many individuals are in the market for mortgage financing and, also, mortgage-backed securities prices increase.
Interest rates increase in situations when there is decreased demand for financing and, also, mortgage-backed securities prices decrease.
See the following article regarding how to use market trends to determine at what point you’ll lock in an interest rate: “What Time of the Year Are Mortgage Rates Typically at Their Lowest?”
Flagler County Current Home Facts
Florida is the third most populous state in the nation. The “Sunshine State” has year-round warm temps, beaches, golf, and amazing theme parks, just to name a few. There’s something for everyone, no matter your age. It’s no wonder so many people live here!
According to Zillow, the median home value in Flagler County is $218,700. This is different from the median price of homes currently listed, which is $277,445. The median price of homes that sold in Flagler County is $202,300.
Flagler County home values have increased 9.7% over the past year. Forecasters predict they will rise another 4.3% over the next year.
Flagler County Florida Mortgage
Florida, and Flagler County in particular, have so much to offer you if you’re searching for a new primary or second home investment. Florida is a popular state for people from the Northeast and Midwest United States, and even those from foreign countries, to buy a new home.
Consequently, if you’re currently doing some fact-finding for a potential future move to the Sunshine State, here’s a glimpse at current mortgage rates. This site gives you current mortgage rates and information for every state.
Thus, here are five of the lowest Flagler County Florida mortgage rates, according to this site, for September 27, 2018:
- Better Mortgage, Inc – 4.50%
- Agora Lending – 4.50%
- Renasant Bank – 4.63%
- AimLoan.com – 4.63%
- Lenda, Inc. – 4.63%
Personally, I love living in Flagler County!
I’d love to help you in your search for your perfect new home in the Sunshine State! Until we talk, check out my blog article, “Second Home versus Investment Property,” for useful information.
Dana Davis
Dana Davis Properties/DHR (Distinguished Homes Realty)
Phone: (386) 569-4998