Weekly Market Update – 01/23/09: Condos for Sale on Singer Island, Florida

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There are 359 condos for resale on Singer Island; no condos sold in the last 7 days and 16 are currently pending. Mortgage rates for 30-yr fixed rates rose for the first time in five weeks with the average rate for 30-yr fixed mortgages averaging 5.12%, up from the previous record low of 4.96% last week; and the 15-yr fixed mortgage rate rose slightly …