agent photo

Scott Neitzel

Homeservices Lending, LLC Series A Office
305.960.2778 (Office)
866.704.9028 (Fax)
305-632-2796 (Cell)
scott.r.neitzel@homesvclending.com

Scott Neitzel is a realtor with Esslinger-Wooten-Maxwell Realtors (EWM) working out of their Homeservices Lending, LLC Series A office (305.960.2778).

FED’s DRASTIC REDUCTION IN RATES CREATES UNPRECEDENTED OPPORTUNITIES

Mortgage blog from Scott Neitzel An article on CNBC (www.cnbc.com/id/28295084) notes that homeowners are rushing to refinance their mortgages, which are at their lowest rates since the 1960’s. The Federal Reserve is supporting exceptionally low interest rates by buying mortgage backed securities and Treasury bonds in an effort to provide a stimulus by increasing the money supply. By [...] Read full article »

Why the FED Rate Cut May Hurt Mortgage Rates

The FED has, in error in my opinion, lowered the FED FUNDS and DISCOUNT rate by 50 basis points. It is my HUMBLE opinion this will cause long term mortgage rates to rise despite the almost drunken euphoria being celebrated in the stock market. Why? The simple answer is that by lowering SHORT TERM interest [...] Read full article »