There are 392 condos for resale on Singer Island (12 new listings came on the market over this past week); 10 condos are currently pending and 1 condo sold within the past 7 days for 93% of list price.
Mortgage rates for 30-yr fixed rate fell this week from 4.87% to 4.82%. The 15-yr fixed mortgage rate fell from 4.54% to 4.48%.
According to mortgage industry experts polled by Bankrate.com this week, 72% believe there will be no change in mortgage rates over the next 30 to 45 days, with 9% percent thinking they will rise, and the remaining 19% believing the rates will decrease.
For more information on specific condominium sales activity contact Jeannie at 561-889-6734 or email her at [email protected]