Weekly Condo Update – 3/13/09: Condos for sale on Singer Island, Florida

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There are 382 condos for resale on Singer Island (10 new listings came on the market over this past week); 4 condos sold in the last 7 days and 9 are currently pending. Mortgage rates for 30-yr fixed rate fell this week from 5.15% to 5.03%; at this time last year, the 30-year, fixed-rate mortgage averaged 6.13 percent. The 15-yr fixed mortgage rate fell …