Mykael Marinelli of American Caribbean Real Estate No Hype…No BS… just GREAT REAL ESTATE SERVICE, served up Florida Keys style. By liking this page and its contents you are implying that you have an interest in knowing about Florida Keys properties that are for sale, are under contract or have recently sold.

Mondays Noon ET

So with everything said, midway through the week we were at 4.375% on the conventional 30 year fixed.  Came back down today. But 3.625% comes with a .25% discount fee.  If I go to 3.75% as a rate for a customer to avoid paying points the pricing gets WORSE.  What?  Yeah.  Wild week.

Government rates ticked up .25%.

Conventional 30 year fixed 3.625% primary purchase/refi. Single family detached.  740 credit score. .25% discount fee  APR 3.741%

FHA 30 year fixed 3.375% primary purchase/refi.  Single family detached.  680 credit score.  No points or fees.  APR 3.463%

VA 30 year fixed 3.50% primary purchase/refi.  Single family detached.  680 credit score.  No points or fees.  APR 3.563%

Please be safe, hunker down, help take care of our community.  This too shall pass.