• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Nick, & Cindy Davis

MENUMENU
  • Home
  • Blog
  • Contact Us
    • Nick Davis
      • Contact Me
      • (813) 300-7116
    • Cindy Davis
      • Contact Me
      • (813) 695-6475
  • Find Your Home
        • Popular Searches
          • Advanced Search
          • Anna Maria
          • Community Videos
          • Crystal Lagoon
          • Fishhawk Ranch
          • Foreclosures
          • Golf Course
          • Horse Homes
          • In Law Suite
          • Luxury Homes
          • Mirada Community
          • Sarasota Homes
          • Vintage Homes
          • Waterfront Homes
        • Hillsborough
          • 5 + Acre Homes
          • 55+ Communities
          • Community Videos
          • County Crime Map
          • All Homes
          • New Construction
          • Search By Schools
          • Search by Zip
          • Vacant Land
          • Waterfront Properties
        • Pasco
          • 5 + Acre Homes
          • 55+ Communities
          • Community Videos
          • County Crime Map
          • All Homes
          • New Construction
          • Search By Schools
          • Search by Zip
          • Vacant Land
          • Waterfront Properties
        • Pinellas
          • 5 + Acre Homes
          • 55+ Communities
          • All Homes
          • County Crime Map
          • New Construction
          • Search by Zip
          • Vacant Land
          • Waterfront Properties
  • Map Searches
    • Hillsbourgh
      • Apollo Beach
      • Avila
      • Basset Creek
      • Brandon
      • Cross Creek
      • Seffner
      • Cheval
      • Cordoba
      • Gibsonton
      • K-Bar Ranch
      • Keystone
      • Lithia
      • Lutz
      • Odessa
      • Plant City
      • Riverview
      • Ruskin
      • Temple Terrace
      • Thonotosassa
      • Valrico
      • Waterfront Homes
      • Wimauma
    • Pasco
      • Dade City
      • Gulf Harbors
      • Homesteads
      • Land O Lakes
      • Estancia
      • Hudson
      • Meadow Pointe
      • Ridge at Wiregrass
      • Ridge Manor
      • San Antonio
      • Seven Oaks
      • Seven Springs
      • Spring Hill
      • Starkey Ranch
      • Trilby
      • Trinity
      • Waterfront Homes
      • Watergrass
      • Wesley Chapel
      • Zephyrhills
    • Pinellas
      • Clearwater
      • Crystal Beach
      • Dunedin
      • Gulfport
      • Holiday
      • Indian Rocks Beach
      • Largo
      • Madeira Beach
      • Oldsmar
      • Palm Harbor
      • Pinellas Park
      • Redington Shores
      • Safety Harbor
      • Seminole
      • ST Petersburg
      • Waterfront Homes
      • Tarpon Springs
      • Tierra Verde
      • Treasure Island
  • Neighborhoods
        • Hillsborough
          • Apollo Beach
          • Brandon
          • Keystone
          • Lithia
          • Lutz
          • New Tampa
          • Odessa
          • Seminole Heights
          • Plant City
          • South Tampa
          • Stonelake Ranch
          • Riverview
          • Ruskin
          • Valrico
          • Tampa
          • Temple Terrace
          • Westchase
          • Westshore Yacht Club
            • Inlet Park Community
        • Pasco
          • Bayonet Point
          • Dade City
          • Bexley Ranch
          • Holiday
          • Gulf Harbors
          • Hudson
          • Land O Lakes
          • New Port Richey
          • Ridge Manor
          • San Antonio
          • Spring Hill
          • Starkey Ranch
          • Trinity
          • Wesley Chapel
          • Zephyrhills
        • Pinellas
          • Belleair Beach
          • Clearwater
          • Dunedin
          • Gulfport
          • Indian Rocks
          • Largo
          • Madeira Beach
          • Oldsmar
          • Palm Harbor
          • Pinellas Park
          • Redington Beach
          • Seminole
          • Snell Isle
          • Shore Acres
          • ST Petersburg
          • Tarpon Springs
  • Resources
    • APPS / Videos
      • Community Videos
      • MY MLS APP-Mobile
      • RE/MAX Mobile APP
      • Real Estate Videos
    • School Information
      • Hernando County
      • Hillsborough County
      • Pasco County
      • Pinellas County
    • Discover Tampa
      • Kid Friendly Fun
      • Things to Do in Tampa
      • Visit Tampa Bay -Nightlife
  • Why Use Us
    • Our Team
      • Cindy & Nick
    • Buying a Home
      • Buying a Home
      • Buyer's Consultation
      • Buyerโ€™s Packet
      • Down Payment Program
      • Home Buying Tips
      • Home Buying Process
      • Mortgage Calculator
      • Videos for Buyers
    • Selling My House
      • Drone Videos
      • Featured Homes
      • Home Selling Process
      • Home Selling Tips
      • Increase the Value
      • Seller's Consultation
      • Videos for Sellers
      • What's It Worth?
    • Why Choose Us
      • Areas that We Cover
      • Client Testimonials
      • Market Reports
      • Monthly Item of Value
      • Our Track Record
      • Preferred Vendor List
      • YouTube Channel

30-year Mortgages Hit Lowest Point

February 10, 2020 by Nick & Cindy Davis

U.S. long-term mortgage rates fell this past week for the third straight week, as the benchmark 30-year loan marked its lowest point in 36 months.

Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year fixed-rate mortgage declined to 3.45% from 3.51% last week. The key rate stood at 4.41% a year ago.

 

30-year Mortgages Hit Lowest Point in 3 Years

30-year Mortgages Hit Lowest Point in 3 Years

 

The average rate on a 15-year mortgage eased to 2.97% from 3% last week.

The historically low rates are actually an advantage for potential home-buyers. A positive outlook originates from signs of strength in the U.S. economy recently and expectations that the global economy could begin to expand faster after being held back by trade conflicts.

Federal Reserve policymakers continued to hold home interest rates low at their latest meeting last week. However the Fed chair warned that the viral outbreak in China poses a new threat to the strengthening global economy.

Freddie Mac surveys lenders nationwide between Monday and Wednesday each week to compile its mortgage rate figures. The average doesn’t include extra fees, referred to as points, which most borrowers must pay to obtain the lowest rates.

The average fee on 30-year fixed-rate mortgages was unchanged from last week at 0.7 point. The average fee for the 15-year mortgage also remained at 0.7 point.

The average rate for a five-year adjustable-rate mortgage rose to 3.32% from 3.24% last week. The fee slipped to 0.2 point from 0.3 point.

Ready to find your new home here in the Tampa Bay and Surrounding Areas? Nick, Cindy & Nicholas Davis with RE/MAX Premier Group are here to assist you with all your Real Estate Needs. We are always available at 813-300-7116 to answer your questions or you can simplyย click here and we will be in touch with you shortly.

Need to get started with your mortgage process? You can contact Kyle Edwards with Iberia Bank at 813-495-5131, or simply click here to start your online application.

Start Your Home Search

Ways Our Family Can Help Your Family

All Homes For Sale in & Around Tampa

  • List View
  • Map View
  • Grid View
  • 7281 Aberdeen Court, Weeki Wachee, FL
    7281 Aberdeen Court
    Weeki Wachee, FL
    Photo of 7281 Aberdeen Court, Weeki Wachee, FL 34607 (MLS # TB8427597)
    $299,900
    • Lot Size
      5,228 sqft

    • Home Size
      1,060 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1971

    • Days on Market
      1

  • 10622 Wynward Way, Parrish, FL
    10622 Wynward Way
    Parrish, FL
    Photo of 10622 Wynward Way, Parrish, FL 34219 (MLS # A4665020)
    $775,000
    • Lot Size
      6,099 sqft

    • Home Size
      2,867 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2023

    • Days on Market
      1

  • 3589 Lake Bayshore Drive #J-303, Bradenton, FL
    3589 Lake Bayshore Drive #J-303
    Bradenton, FL
    Photo of 3589 Lake Bayshore Drive #J-303, Bradenton, FL 34205 (MLS # A4664949)
    $134,900
    • Lot Size
      2.31 ac

    • Home Size
      1,144 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1980

    • Days on Market
      1

  • 7310 Sunshine Skyway Lane S #219, St Petersburg, FL
    7310 Sunshine Skyway Lane S #219
    St Petersburg, FL
    Photo of 7310 Sunshine Skyway Lane S #219, St Petersburg, FL 33711 (MLS # TB8427596)
    $299,990
    • Lot Size
      2.59 ac

    • Home Size
      1,070 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1979

    • Days on Market
      1

  • 102 Paradise Lane, Auburndale, FL
    102 Paradise Lane
    Auburndale, FL
    Photo of 102 Paradise Lane, Auburndale, FL 33823 (MLS # P4936148)
    $142,000
    • Lot Size
      5,663 sqft

    • Home Size
      1,248 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1973

    • Days on Market
      1

    View Virtual Tour
  • 8089 Candlewood Rd #8089, Seminole, FL
    8089 Candlewood Rd #8089
    Seminole, FL
    Photo of 8089 Candlewood Rd #8089, Seminole, FL 33777 (MLS # TB8425044)
    $349,000
    • Lot Size

    • Home Size
      1,390 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1978

    • Days on Market
      1

  • 1137 E Mariposa Avenue, Bartow, FL
    1137 E Mariposa Avenue
    Bartow, FL
    Photo of 1137 E Mariposa Avenue, Bartow, FL 33830 (MLS # L4955480)
    $495,000
    • Lot Size
      10,890 sqft

    • Home Size
      3,072 sqft

    • Beds
      3 Beds

    • Baths
      4 Baths

    • Year Built
      1966

    • Days on Market
      1

  • 9307 Wolcott Lane, Port Richey, FL
    9307 Wolcott Lane
    Port Richey, FL
    Photo of 9307 Wolcott Lane, Port Richey, FL 34668 (MLS # TB8427571)
    $195,000
    • Lot Size
      5,663 sqft

    • Home Size
      1,056 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1982

    • Days on Market
      1

  • 1536 Lakeview Road, Clearwater, FL
    1536 Lakeview Road
    Clearwater, FL
    Photo of 1536 Lakeview Road, Clearwater, FL 33756 (MLS # TB8427576)
    $329,900
    • Lot Size
      6,970 sqft

    • Home Size
      1,284 sqft

    • Beds
      3 Beds

    • Baths
      1 Bath

    • Year Built
      1954

    • Days on Market
      1

  • 3401 Coquina Key Drive SE, St Petersburg, FL
    3401 Coquina Key Drive SE
    St Petersburg, FL
    Photo of 3401 Coquina Key Drive SE, St Petersburg, FL 33705 (MLS # O6343032)
    $740,000
    • Lot Size
      10,019 sqft

    • Home Size
      1,336 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1973

    • Days on Market
      1

  • 2922 29th Avenue W, Bradenton, FL
    2922 29th Avenue W
    Bradenton, FL
    Photo of 2922 29th Avenue W, Bradenton, FL 34205 (MLS # A4665032)
    $249,900
    • Lot Size

    • Home Size
      1,192 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1986

    • Days on Market
      1

    View Virtual Tour
  • 4115 Geoffrey Street, North Port, FL
    4115 Geoffrey Street
    North Port, FL
    Photo of 4115 Geoffrey Street, North Port, FL 34291 (MLS # C7512586)
    $330,000
    • Lot Size
      2.05 ac

    • Home Size
      1,817 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1999

    • Days on Market
      1

  • 2949 Stewart Creek Circle, Plant City, FL
    2949 Stewart Creek Circle
    Plant City, FL
    Photo of 2949 Stewart Creek Circle, Plant City, FL 33565 (MLS # TB8421999)
    $512,230
    • Lot Size
      5,663 sqft

    • Home Size
      1,805 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      2025

    • Days on Market
      1

  • 2407 Cypress Pond Road #2407, Palm Harbor, FL
    2407 Cypress Pond Road #2407
    Palm Harbor, FL
    Photo of 2407 Cypress Pond Road #2407, Palm Harbor, FL 34683 (MLS # TB8424189)
    $289,500
    • Lot Size
      21.50 ac

    • Home Size
      1,050 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1982

    • Days on Market
      1

  • 7541 Conrad Street, Wesley Chapel, FL
    7541 Conrad Street
    Wesley Chapel, FL
    Photo of 7541 Conrad Street, Wesley Chapel, FL 33544 (MLS # TB8427488)
    $549,900
    • Lot Size
      1.05 ac

    • Home Size
      1,579 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      2004

    • Days on Market
      1

See all All Homes Around Tampa.
(all data current as of 9/14/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Filed Under: 2020, Advice, Buying a home, Buying a home 2018, Florida Housing 2018, Home buyers, Home buying, Home Ownership, Housing Market 2018, Housing Updates 2018, Moving, RE/MAX Agent

Footer

Serving Tampa Bay

Nick & Cindy Davis

“Team Davis”

813-300-7116

813-695-6475

 

RE/MAX Premier Group

With 2 Locations!

2915 Allegra Way

Lutz, FL 33559
&
6506 N Florida AVE

Tampa, FL 33604

Contact Us

Copyright © 2025 · Agent Focused Pro by Winning Agent ยท Log in