Mortgage Rates in Fort Lauderdale FL for October 2014

Mortgage Rates in Fort Lauderdale FL for October 2014

Mortgage Rate data for Fort Lauderdale, FL provided by Matthew Consolo of RE/MAX Consultants Realty 1 Real Estate Company.



Mortgage Rates - October 2014

The average 30-year loan rate has dropped to 3.92% in October. This is the lowest it has been since June of 2013. Interestingly enough lenders believed that the rates would start getting closer to the 6% mark since the economy has taken a slight turn for the better. That is not the case as you can see the rates are back where they were a year ago. This is causing more home owners to refinance their original 30 year mortgages. With the interest rates at very favorable marks it is sparking more interest for first time home buyers. Lenders are still strict as ever with who they hand loans out to but since the rates are staying so low first time home buyers want to get approved while the rates are in favor of the borrower.


Stats to Keep an Eye On

Seeking safety, investors poured money into U.S. Treasury's. Higher demand drives up prices for those government bonds and causes their yields to drop. The yield on the 10-year note traded as low as 1.91 percent last Wednesday.

This week the yield on the benchmark Treasury note recovered to 2.22 percent Wednesday. It traded at 2.26 percent Thursday morning.

To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn't include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.

The average fee for a 30-year mortgage was unchanged from last week at 0.5 point. The fee for a 15-year mortgage also remained at 0.5 point.

The average rate on a five-year adjustable-rate mortgage slipped to 2.91 percent from 2.92 percent. The fee was steady at 0.5 point.

For a one-year ARM, the average rate rose to 2.41 percent from 2.38 percent. The fee held at 0.4 point.

Find Homes for Sale in Fort Lauderdale FL

Visit my website to search for homes in Fort Lauderdale or to be notified when Fort Lauderdale homes come on the market.

To find out what you home is worth in the current market email me or call 954-667-9781.

Source: http://www.mortgagenewsdaily.com/mortgage_rates/

Source: http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=315132

Venetian Condominium, Fort Lauderdale FL

Venetian Condos for Sale, Fort Lauderdale FL

Find similar condos for sale to the Venetian Condos for Sale, Fort Lauderdale, Florida

Get the value of your Fort Lauderdale home or condo in today's market.

Don't look any further! If you are looking for an spectacular condo complex in Fort Lauderdale, you have just found it. Venetian is in one of the best spots in Fort Lauderdale. Sitting on a little peninsula just south of Las Olas Boulevard, it doesn't get much better. The beach is walking distance and the complex sits right in the middle of all the shopping you could ask for. With plenty of amenities and beautiful units Venetian is a very coveted property in South Florida. 

Venetian Units are Updated

There are seven different floor plans and five penthouses with one to four bedrooms. Units come with at least two bathrooms including the one bedroom units. The smaller units start at 1,200 square feet and the bigger units reach 1,925 square feet. Each unit has a view of the ocean, intracoastal or downtown Fort Lauderdale. All units come with hardwood, tile, marble flooring, updated kitchens with granite countertops and top of the line appliances, spacious layouts and a balcony. 

The Venetian Building is First Class

Starting off with a fabulous looking design the Venetian Condominium is a gorgeously designed building. The building was finished in 1971 but has been recently refurbished on the exterior and interior. Venetian Condos are sitting on prime real estate. With a perfect location on a private peninsula off Las Olas Boulevard at the Inter-coastal Waterway, one block from world famous Fort Lauderdale Beach. Amenities include a spacious lobby, three guest elevators, one service elevator, library, game room, east and west deck gardens, outdoor grill area, tiki bar pool, fitness center, pool, saunas, digital cable service, monthly pest control and dock space for small and large vessels. HOA fees are around $900 a month which includes upkeep for all the before mentioned amenities. 

Living in Fort Lauderdale (Las Olas Blvd)

This area off of Las Olas Boulevard in Fort Lauderdale offers constant entertainment year round. Eat, shop and enjoy is the motto for Las Olas Blvd and you can do just that. Grab a prime cut from Timpano Italian Chop House or some Mexican food at Rocco's Tacos. After a satisfying meal from one of these places head over to Kilwin's Ice Cream, Chocolates, & Fudge for some dessert. Still not ready to go home? There are plenty of places to go shopping or even get a cocktail. Deborah James, Maus and Hoffman, and Shop 603 are some great places to check out. 

Las Olas Blvd is right around the corner and there are plenty of home amenities close to the Venetian Condos making it a great place to call home. If you are looking for a condo in an upper class area and close to everything then you can't go wrong with these condos. You can find a condo in the Venetian complex and in the surrounding areas on my website. 

Would you like to know how much your Fort Lauderdale Condo is Worth?

There are a number of sites on the internet that will give you 'estimates' for what your home will sell for. These sites use public records and usually some kind of algorithm to try to produce a value for your home. These sites also publicly state their 'error rates'. That means they aren't correct, they are simply an estimate based on incomplete date. We would love to do a free comparative market analysis of your home or condo in Fort Lauderdale and let you know what could expect to get in today's market if you are considering selling. Our valuation is based on up to the day data for homes that have recently sold in the area. Our valuation is not based on a formula that relies on public records which can take months to update. Please visit my website in order to get your free property evaluation for your Fort Lauderdale home or condo.

Get Detailed Reports about Fort Lauderdale

If you would like detailed demographic information about Fort Lauderdale as well as school reports or market trends and statistics (including recent sales in the area) please visit my website.

Atlantic Hotel Condominium of Fort Lauderdale, Florida

Beach Front

Atlantic Hotel Condos for Sale, Fort Lauderdale, FL

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Look no further! This deluxe ocean front condominium features a prestigious view and first class service. If you are looking to buy a vacation condo or a place to live year round then going with a condo is the right choice. No worry or hassle with maintaining because that is all done for you. With the beach steps away from your front door and plenty of places to walk to, this condo is second to none in South Florida.

Atlantic Hotel Units

Ocean View

There are a variety of units in the Atlantic Hotel Condominiums. Buyers can choose from a 1 or 2 bedroom layout on one of the fifteen floors available. The one bedroom layouts start at around 500 square feet and come with one bathroom. The larger one bedroom units come with a second bathroom and can be as big as 1,300 square feet. The two bedroom layouts are around 2,025 square feet and come with two bathrooms. Most of these gorgeous units come with tile and marble flooring, updated stainless steal appliances in the kitchen with granite countertops, modern lighting throughout, a jacuzzi in the bathroom and a fantastic view of the ocean from the balcony. No one wants to stay inside all day when living in South Florida but when it is time to call it a day there is nothing like going home to the Atlantic Hotel Condominium.

The Atlantic Hotel Building

Balcony

This full service condo offers five star amenities including room service, spa, ocean front pool on the fifth floor, high end beach front restaurant and bar, valet parking, fitness center, concierge and maid service. Not to mention you are right in the heard of Fort Lauderdale with plenty of places to walk to. 

The monthly HOA fee is around $2,000 a month depending on the size of the unit. The fee covers all of the amenities described earlier so staying at the Atlantic Hot is a pleasure each and every time. 

Living in Fort Lauderdale

Fort Lauderdale is everything it is hyped up to be. Gorgeous beaches, upscale restaurants, boating and fishing year round and beautiful weather are trade marks of South Florida. If you are looking to go deep see fishing there are plenty of charters to pick from. The Flamingo, Fishing Headquarters and All-Inclusive Sport-fishing are some well liked charters in the area. These guys know all the good spots to catch some good game fish. 

Going out to eat is a pleasure in Fort Lauderdale. Wild Sea Oyster Bar & Grille, 3030 Ocean and Casa D'Angelo are some of the most popular Italian and Seafood places to fine dine in town. Try a dry-aged New York strip steak marinated in olive oil, rosemary and garlic from Casa D'Angelo or a grilled local swordfish from 3030 Ocean. Some of the best chefs in the country reside in South Florida so give these places a try for yourself. 

"Venice of America" is a fascinating place to be so why not buy a condo at the Atlantic Hotel Condominiums? You will not be disappointed if you end up buying a condo here. You can find condos for sale like the Atlantic Hotel Condos as well as all available Fort Lauderdale condos for sale on my website.

Would you like to know how much your Atlantic Hotel Condo is Worth?

There are a number of sites on the internet that will give you 'estimates' for what your home will sell for. These sites use public records and usually some kind of algorithm to try to produce a value for your home. These sites also publicly state their 'error rates'. That means they aren't correct, they are simply an estimate based on incomplete date. We would love to do a free comparative market analysis of your home or condo on Capitol Hill and let you know what could expect to get in today's market if you are considering selling. Our valuation is based on up to the day data for homes that have recently sold in the area. Our valuation is not based on a formula that relies on public records which can take months to update. Please visit my website in order to get your free property evaluation for your Fort Lauderdale home or condo.

Get Detailed Reports about Fort Lauderdale

If you would like detailed demographic information about Fort Lauderdale as well as school reports or market trends and statistics (including recent sales in the area) please visit my website.