century 21: Mortgage Interest Rates Take a Larger Jump this Week! - 12/05/13 04:34 PM
Today, 12/5/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.46% up from 4.29% last week. The average interest rate for 15 year fixed-rate mortgages was 3.47%,  up from 3.30% last week. A year ago the 30 year rate was 3.34%.  What a difference a year makes!
This week's hike in rates was not as tiny as some past ones have been. Good economic news on many fronts was the reason, said Freddie Mac. Even though rates went up making loans more expensive, at least it was positive economic news that caused the rise in rates this week. So … (0 comments)

century 21: John Elwell's December 2013 CENTURY 21 Florida Newsletter Now Ready - 12/03/13 02:46 PM
My December 2013 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open.
Just click on the following link to download this month's newsletter:   Download December 2013 Newsletter I hope that you will find this month's articles interesting and helpful.
If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444
I also invite you to visit … (0 comments)

century 21: Florida's 2013 Hurricane Season Ends with No Major or Minor Storms! - 12/01/13 11:48 AM
Yesterday, November 30th, was the official "last day" of the 2013 Hurricane Season here in Florida. Though possible, it is very unlikely that a storm will form now. The waters of the Atlantic Ocean usually are just too cold now. And warm water is what generates these massive storms.
This summer we had many rainy afternoons which were welcome since they help to replenish our underground acquifers. And that is where most of our water here comes from.
But there were no storms of any consequence that hit our shores. I don't think that there were even any tropical storms around us … (0 comments)

century 21: Slightly Higher Mortgage Interest Rates for Thanksgiving 2013 - 11/27/13 03:21 PM
Today, 11/27/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.29% up from 4.22% last week. The average interest rate for 15 year fixed-rate mortgages was 3.30%,  up from 3.27% last week. A year ago the 30 year rate was 3.32%. This week's report came out one day early due to the Thanksgiving Holiday.
Mortgage interest rates have been hovering around the same spot for several weeks now. Though they are not as great as they were when they were below 4%, they still are historically very low. Many of us remember when we had 16% rates … (0 comments)

century 21: Negative Economic Data Causes Mortgage Interest Rates to Move "South" - 11/21/13 06:14 PM
Today, 11/21/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.22% down from 4.35% last week. The average interest rate for 15 year fixed-rate mortgages was 3.27%,  down from 3.35% last week. A year ago the 30 year rate was 3.31%.
Freddie Mac's Vice President said, "Fixed mortgage rates fell this week on reports of weaker manufacturing growth and declines in overall inflation rates. Industrial production slipped by 0.1 percent in October, below the market consensus forecast of a 0.2 percent gain. The consumer price index also unexpectedly fellduring the month. On an annual basis, consumer prices … (0 comments)

century 21: Patriot Flea Market in Zephyrhills, FL Open for 2013-14 Winter Season - 11/19/13 12:01 PM
I am pleased to announce that I have been informed that the flea market that started operating three years ago  OPENED for the 2013-14 Winter Season on November 5th after a summer hiatus.
It is located in the same spot as it was last year. It is on the north side of Chancey Road, just a bit to the East of US 301 and Rt 39 (Paul Buchman Highway). Not far from the Majestic Oaks & Emerald Pointe RV Resorts..
It will be open on Tuesdays and Thursdays from 8:00 AM to 1:00 PM, but my dad, who sells flowers … (2 comments)

century 21: For Second Week, Mortgage Interest Rates Increase - 11/14/13 02:46 PM
Today, 11/14/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.35% up from 4.16% last week. The average interest rate for 15 year fixed-rate mortgages was 3.35%,  up from 3.27% last week. A year ago the 30 year rate was 3.34%.
Freddie Mac's Vice President said, "Fixed mortgage rates increased this week following stronger than expected economic data releases. Nonfarm payrolls increased by 204,000 in October, above the consensus forecast. In addition, revisions added 60,000 additional jobs to the prior two month releases. Preliminary estimates indicate Real GDP growth in the third quarter was 2.8 percent, … (0 comments)

century 21: Just a Few of the Mobile Homes For Sale WITH Lots in Zephyrhills, FL - 11/10/13 01:24 PM
Want to find a place where you can escape winter's icy blasts or just a place to live in year round? Well, Zephyrhills, Florida might be just the perfect corner of the USA where you can find a refuge from the snowing and blowing.
Snowbirds will soon begin to return and we will see many more out-of-state license plates around town. This will only increase as it gets colder and colder up north!
To assist you, I am attaching an updated Adobe PDF file to this post of the mobile homes that are currently available for purchase here as of November 10, 2013. … (0 comments)

century 21: Zephyrhills, Florida to hold Community Rummage Sale - Nov. 30, 2013 - 11/09/13 01:45 PM


From what I see in the papers and as I drive along our streets each weekend, there are more and more yard sales going on every Saturday. Not only sales in residents' front yards, but also larger community ones in our subdivisions. Guess the return of our snowbirds and the cooler temperatures are a couple of the reasons.
Now the City of Zephyrhills, Florida is having its Community Rummage Sale in our downtown area on November 30, 2013 from 8:00 AM to 1:00 PM. It is still not too late to get a booth if you want to sell items during the … (0 comments)

century 21: After Several Drops, Average Mortgage Interet Rates Start to Climb Again - 11/07/13 03:08 PM
Today, 11/7/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.16% up from 4.10% last week. The average interest rate for 15 year fixed-rate mortgages was 3.27%,  up from 3.20% last week. A year ago the 30 year rate was 3.40%.
Freddie Mac's Vice President said, "Fixed mortgage rates rebounded slightly this week on more positive economic data releases. Production in the manufacturing industry expanded for the fifth month in a row in October to the strongest pace since April 2011. Similarly, the non-manufacturing sector grew for the second consecutive month in October and beat the … (0 comments)

century 21: John Elwell's November 2013 Real Estate Newsletter Available Here! - 11/04/13 04:36 PM
My November 2013 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open.
Just click on the following link to download this month's newsletter:   Download November 2013 Newsletter I hope that you will find this month's articles interesting and helpful.
If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444
I also invite you … (0 comments)

century 21: Happy Halloween! Lower Mortgage Interest is Your Treat! - 10/31/13 03:41 PM
Today, 10/31/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.10% down from 4.13% last week. The average interest rate for 15 year fixed-rate mortgages was 3.20%, down from 3.24% last week. A year ago the 30 year rate was 3.39%.
Freddie Mac's Vice President said, "Fixed mortgage rates eased further leading up to the Federal Reserve's (Fed) October 30th monetary policy announcement. The Fed saw improvement in economic activity and labor market conditions since it began its asset purchase program, but noted the recovery in the housing market slowed somewhat in recent months and unemployment remains … (0 comments)

century 21: Mortgage Rates Hit a Four Month Low says Freddie Mac Survey - 10/24/13 02:29 PM
Today, 10/24/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.13% down from 4.28% last week. The average interest rate for 15 year fixed-rate mortgages was 3.24%, down from 3.33% last week. A year ago the 30 year rate was 3.41%.
Freddie Mac's Vice President said, "Mortgage rates slid this week as the partial government shutdown led to market speculation that the Federal Reserve will not alter its bond purchases this year. The weak employment report for September added to this expectation. The economy added just 148,000 jobs, which was below the market consensus forecast and less … (0 comments)

century 21: Fed Budget Crisis Sends Interest Rates Up Slightly says Freddie Mac - 10/17/13 02:51 PM
Today, 10/17/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.28% up from 4.24% last week. The average interest rate for 15 year fixed-rate mortgages was 3.33%, up from 3.31% last week. A year ago the 30 year rate was 3.37%. Many of you were watching the "foolishness" that was taking place in congress over the past two weeks. Freddie Mac says that the circus antics of our elected officials (a few more than others) are why the interest rates edged upwards. The surprise to me is that the change was not more drastic.
Freddie Mac's … (0 comments)

century 21: Very Little Change in Mortgage Interest Rates this Week - 10/10/13 03:19 PM
Today, 10/10/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.24% up from 4.22% last week. The average interest rate for 15 year fixed-rate mortgages was 3.31%, up from 3.29% last week. A year ago the 30 year rate was 3.39%. My guess is that the uncertainty caused by the GOP's inablility to bring a continuing budget resolution to a vote. Markets don't like unknowns, just as people don't like them. We like to have an idea of what is ahead. Shutting down the government is not a reassuring action. 
Freddie Mac's Vice President said, "Mortgage rates were … (0 comments)

century 21: San Antonio, FL to Host 2013 Rattlesnake & Music Festival on Oct. 19th - 10/06/13 01:41 PM

It is incredible that another year has come and gone already. And that can only mean one thing in eastern Pasco County, Florida, it is time to once again remind you that the 2013 Annual Rattlesnake Festival will take place on October 19th of 2013. San Antonio, Florida is just to the north of Tampa and a few miles east of Interstate 75 in the hills of Pasco County on State Road 52. The festival takes place in the village park in the center of town. You cannot miss it!
This is a very popular and unique event. Something you are not likely to see in Boston, Indianapolis, or … (0 comments)

century 21: Tropical Storm Karen Projected to Miss Most of the State of Florida! - 10/04/13 02:01 PM
As of today, 10/4/2013, Tropical Storm Karen is out in the Gulf of Mexico. The projected path has it coming ashore somewhere from Louisiana to the Florida panhandle. Well to the north of Zephyrhills and most of Florida. If you look at the path of of the storm on the map to the left you will note an "S" over its path in some places. S = Tropical Storm. Mostly a lot of rain and some windy hours.  For those of us in the Zephyrhills area it appears that we have again "dodged a bullet". It has been a long time since we have a storm of any consequence do much damage here. Let's … (1 comments)

century 21: Mortgage Interest Rates Drop for Third Week - Fed Shutdown the Cause - 10/03/13 04:04 PM
Today, 10/3/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.22% down from 4.32% last week. The average interest rate for 15 year fixed-rate mortgages was 3.29%, down from 3.37% last week. A year ago the 30 year rate was 3.36%. Drops are good news for people looking to purchase a home and those of you who are trying to sell your current residence.
Part of the reason that this week's rates dropped was the federal shutdown brought about by the nuts in the House of Representatives. In just a few weeks they will also … (0 comments)

century 21: John Elwell's October 2013 CENTURY 21 Florida Newsletter Now Available - 10/02/13 03:17 PM
My October 2013 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open.
Just click on the following link to download this month's newsletter: Download October 2013 Newsletter I hope that you will find this month's articles interesting and helpful.
If you would like to receive these newsletters automatically each month in the future, just send me an e-mail and let me know. I would be glad to add you to my e-mailing list. You can e-mail me at: jelwell1@tampabay.rr.com or call me at: 813-783-4444
I also invite you to … (0 comments)

century 21: Mortgage Interest Declines for Second Week to Keep Homes Affordable - 09/27/13 02:26 PM
Yesterday, 9/26/2013, Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 4.32% down from 4.50% last week. The average interest rate for 15 year fixed-rate mortgages was 3.37%, down from 3.54% last week. A year ago the 30 year rate was 3.40%. Those rates sure look attractive now, don't they?
The Federal Reserve said that it was going to work to keep interest rates lower, at least for the time-being. They are doing this in order to kind of offset the negative effect that higher home prices combined with higher interest rates had had on the … (0 comments)

 
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John Elwell

Zephyrhills, FL

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CENTURY 21 Bill Nye Realty, Inc.

Address: 34619 State Road 54, Zephyrhills, FL, 33541

Mobile: (813) 783-4444

Office: (813) 715-6810

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Real estate news, opinions, and listings from Zephyrhills, Pasco County, Florida and the west central region of Florida in general. Licensed in Florida.


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