Mortgage Rates Improved!! Now What?

Edgar DeJesus • July 20, 2021

Share

Yesterday we saw a very nice improvement in mortgage rates. Please keep in mind mortgage rates are already low, and now they're even lower. 

Start Your Pre-approval

You may not know this, but mortgage rates are always fluctuating. Mortgage rates move hourly. They move daily, and on some days, they can go up or down several times, even within the same hour.

 

Timing is everything. 

 

If you’re buying a home and you previously were pre-approved, call your lender, your mortgage broker, or loan officer and ask how much more home you can afford based on where mortgage rates are right now. You may find you can actually afford a little more home or maybe just enough for the home you want to make an offer on.

 

Suppose you’re a homeowner and considering refinancing. Mortgage rates are at historic lows, and now is the time to see a fantastic amount of savings. If you successfully refinance to lower your rate, you’ll find that the closing costs you pay, most likely from your home's equity, are an investment for the amount you’ll be saving. 

 

Whether you are buying or refinancing, if you do not have someone who can answer all of your questions, reach out to me.

My name is Edgar DeJesus. I’m the mortgage advisor and branch manager of Treasure Coast Home Loans. 

 

Today’s market requires you to have a skilled negotiator and consultant, like me, helping you and the people you care about right now.

 

Call or text, (772) 444-6362, with any questions that will let me separate opinion from opportunity. 

 

Thank you for taking the time to read my latest real estate and mortgage report.



Start your pre-approval

CONTACT US

Call or text 561-223-9347 or email edgar@treasurecoasthomeloans.com to discuss your loan. 


Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by the borrower(s). A loan is only approved when the lender has issued approval in writing and is subject to all lender conditions. Any specified rates and terms are contingent upon loan approval and are subject to change without notice due to unpredictable market conditions. Innovative Mortgage Services, Inc. is a Florida licensed lender. Company NMLS #250769. Originator NMLS # 230414. Florida Mortgage Lender License, License/Registration #: MLD178 Florida. Mortgage Lender Servicer License, License/Registration #: MLD2167 Equal. Equal Housing Lender 

⚡ 7-Minute Pre-Approval

Start Your Mortgage Application

Ready to make your move? Apply securely with Treasure Coast Home Loans, your local mortgage broker. We make the process fast, simple, and transparent so you can shop for your new home with absolute confidence.

Free Search Tool

Unlock Down Payment Assistance

Did you know there are hundreds of state and local programs designed to help Florida buyers cover their down payment and closing costs? You could qualify for thousands of dollars in assistance. Answer a few quick questions to see exactly what programs you are eligible for right now.

Mortgage Broker Port St. Lucie, Florida

Learn More About the Mortgage Process.


Check Out Our Google Verified Reviews

Florida buyer comparing FHA down payment options.
By Edgar DeJesus • October 5, 2026
See how 5% down instead of 3.5% may lower FHA mortgage insurance and potentially help a home fit your qualifying payment.
Comprador en Florida comparando pagos iniciales FHA.
By Edgar DeJesus • October 5, 2026
Encontraste la casa. El precio de compra funciona. Los impuestos sobre la propiedad funcionan. El seguro de propietarios funciona. El HOA funciona. Pero cuando tu profesional hipotecario calcula los números utilizando el pago inicial mínimo de FHA de 3.5% , el pago mensual total queda un poco demasiado alto. Ahora estás fuera del pago o de la relación entre deudas e ingresos necesaria para tu pre aprobación. ¿Significa eso automáticamente que necesitas buscar una vivienda más económica?  No necesariamente. Algunas veces cambiar el pago inicial puede cambiar más de lo que imaginas.
Empresario en Florida explorando financiamiento SBA.
By Edgar DeJesus • September 30, 2026
¿Quieres comprar un negocio en Florida? Conoce cómo un préstamo SBA puede ayudar a financiar la compra y otras necesidades comerciales.
Florida business owner exploring SBA financing.
By Edgar DeJesus • September 30, 2026
Buying a Florida business? Learn how an SBA loan may help finance the purchase, working capital, equipment and other eligible business needs.
Florida home buyer exploring a neighborhood.
By Edgar DeJesus • September 29, 2026
Before buying a Florida home, look beyond the house. The neighborhood, roads, lighting and location matter too.
Comprador explorando un vecindario en Florida.
By Edgar DeJesus • September 29, 2026
Antes de comprar una casa en Florida, mira más allá de la vivienda. El vecindario, las calles y la ubicación también importan.
Comprador de Florida investigando tasas, precios e IA
By Edgar DeJesus • September 28, 2026
¿Subirán las tasas, caerán los precios o cambiará la IA los bienes raíces? Lo que compradores de Florida deben saber.
Florida buyer researching rates, home prices and AI
By Edgar DeJesus • September 28, 2026
Will rates rise, home prices crash, or AI change real estate? What Florida buyers need to know in 2026.
Florida buyer changing from self employment to W2.
By Edgar DeJesus • September 24, 2026
Self employed less than a year? Learn how W2 employment and FHA guidelines may create another path to buying a home.
Comprador en Florida cambiando de trabajo independiente a W2.
By Edgar DeJesus • September 24, 2026
¿Trabajas por cuenta propia hace menos de un año? Conoce cómo un empleo W2 y FHA podrían crear otra opción hipotecaria.