FLO Mortgage NMLS#1835856

11/02/2026

Monday mortgage number: 7.24%, Freddie Mac's national average.

That's for a 30-year fixed rate as of October 29, down from 7.32% the week before. Freddie Mac said that was its lowest level in October. It's still above every reading in September, and a year ago the same average was 6.17%, so the average sits about a full point above last fall.

A move of eight hundredths of a point won't change much on its own. Watch the direction over several weeks instead of one reading.

A note on timing. Freddie Mac's survey runs Thursday through Wednesday, so the survey week behind this number ended the same day the Fed held its target range at 3.75% to 4% on October 28. The next number comes out Thursday at noon Eastern, and it will be the first full week after that decision.

This average covers conventional purchase applications within conforming loan limits, on primary homes, for borrowers with good or excellent credit. FHA, VA and jumbo loans can price differently, and your own rate depends on your credit, your loan and the property. Not an FLO Mortgage rate quote. Rates change, and any rate may not be available at commitment or closing.

Are you waiting on a certain number before you buy or refinance? Tell us in the comments. Our licensed loan officers answer here.



We Live Here. We Work Here. We Are Your Neighbors.
📍 212 Moody Blvd, Flagler Beach, FL
📞 386-882-9980
🌐 www.flomortgage.com
FLO Mortgage, LLC, company NMLS #1835856

Sources: Freddie Mac Primary Mortgage Market Survey, Oct. 29, 2026; Federal Reserve FOMC statement, Oct. 28, 2026. General education, not financial advice. Equal Housing Opportunity

10/30/2026

Good to know: how much can a seller pay toward your closing costs?

Your loan type sets the limit, so it helps to know the number before you write an offer.

Conventional (Fannie Mae), primary home or second home: up to 3% when your loan-to-value, counting any second loan, is over 90%, 6% from 75.01% to 90%, and 9% at 75% or below. Investment property: 2%. These are figured on the lower of the sales price or the appraised value. Costs sellers customarily pay in your area don't count toward these limits.

FHA: up to 6% of the sales price.

VA: seller's concessions, like paying your funding fee or paying off a debt, can go up to 4% of the home's reasonable value. VA doesn't limit credits for your closing costs, so those sit outside the 4%, along with normal discount points.

A seller credit is meant for allowed costs, so don't count on it as cash back to you. On conventional and FHA loans, a credit over the limit can lower the price your loan is based on. On VA loans, concessions over the 4% limit aren't acceptable.

Buying soon and not sure what to ask for in your offer? Ask in the comments. Our licensed loan officers answer here.



We Live Here. We Work Here. We Are Your Neighbors.
📍 212 Moody Blvd, Flagler Beach, FL
📞 386-882-9980
🌐 www.flomortgage.com
FLO Mortgage, company NMLS #1835856

Sources: Fannie Mae Selling Guide B3-4.1-02; HUD Handbook 4000.1; VA Pamphlet 26-7, Ch. 8 and va.gov. General education, not financial advice. Equal Housing Opportunity

10/29/2026

This week's news: the Fed held rates steady today.

The Fed kept its target range at 3.75% to 4%. That's the short-term rate banks charge each other overnight. The vote was 10 to 2, and both no votes wanted a quarter-point increase. The Fed's statement says inflation is still elevated.

The Fed's rate doesn't set your mortgage rate directly. A 30-year mortgage rate moves with the bond market, and bond traders watch what the Fed says about its next move as closely as the decision itself. Two votes for a hike tell them an increase is still possible.

You feel a Fed change faster on anything tied to the prime rate, like most credit cards and many home equity lines of credit. Today's hold means the prime rate stays put, so those rates shouldn't move because of today's decision.

Wondering how this affects your plans to buy or refinance? Ask in the comments. Our licensed loan officers answer here.



We Live Here. We Work Here. We Are Your Neighbors.
📍 212 Moody Blvd, Flagler Beach, FL
📞 386-882-9980
🌐 www.flomortgage.com
FLO Mortgage, company NMLS #1835856

Source: Federal Reserve FOMC statement, Oct 28, 2026. General education, not financial advice. Equal Housing Opportunity

10/26/2026

Monday mortgage number: 7.32%.

That's Freddie Mac's national average for a 30-year fixed loan last week, down from 7.40% the week before. A year ago it was 6.19%.

It's a small dip. If you're shopping, it's also a reminder to check where you stand every week, since a few hundredths of a point moves your payment.

Freddie's average is for borrowers with excellent credit and a large down payment. Your own rate depends on your credit, your down payment and the loan type, so it could land above or below that number.

Questions about what this means for your move? Ask in the comments. Our licensed loan officers answer here.



We Live Here. We Work Here. We Are Your Neighbors.
📍 212 Moody Blvd, Flagler Beach, FL
📞 386-882-9980
🌐 www.flomortgage.com
FLO Mortgage, LLC · NMLS #1835856

Source: Freddie Mac Primary Mortgage Market Survey, Oct 22, 2026. National average, not an FLO Mortgage rate quote. Equal Housing Opportunity

09/22/2026

Not a U.S. citizen? That doesn’t automatically mean you can’t buy a home. 🏡

Many non-permanent residents with valid immigration and work authorization may qualify for Conventional financing.

The key is knowing what documents to look at — such as:
• Visa / Passport
• I-94 Class of Admission
• EAD / Work Permit category
• I-797 approval or extension
• Green Card

📞 386-882-9980
🌐 www.flomortgage.com

FLO Mortgage LLC | NMLS #1835856
Equal Housing Opportunity
Not all applicants will qualify. Eligibility is subject to program guidelines, documentation, and investor requirements. Contact a licensed loan officer for details.

09/16/2026

🏡 Some new mortgage updates could mean more options for homebuyers.

A few recent guideline changes may help make qualifying a little easier for some buyers.

Here are a few of the highlights:

✔️ Some manufactured homes that were moved may now be eligible
✔️ Some buyers may be able to use savings or investments to help qualify
✔️ Tip income may be more flexible in certain situations
✔️ Updates to VA and USDA guidelines may also help some borrowers

Every situation is different, but these changes could open the door for more buyers than before.

If you’ve been wondering whether you qualify — or if you were told no in the past — it may be worth taking another look.

📞 Contact a FLO Mortgage loan officer today to learn more
🌐 www.flomortgage.com
📱 (386) 882-9980

FLO Mortgage, LLC | NMLS #1835856
Equal Housing Opportunity

09/05/2026

🏡 **Another investment moving to the closing table.**

This Palm Coast property is officially **CLEAR TO CLOSE** using **DSCR financing** through FLO Mortgage.

For real estate investors, sometimes the opportunity makes sense even when traditional financing doesn't. DSCR financing allows qualified investors to leverage the property's rental income when qualifying — helping them continue building their portfolio without relying solely on traditional personal income documentation.

Congratulations to our client, and a big thank you to **Grisell Santiyani with Realty ONE Group Evolve** for a great partnership on this one.

Thinking about your next investment property? **Let's run the numbers.**

**Anthony M. Jones | Sr. Loan Officer**
NMLS #1590231 | 904-955-5569

**FLO Mortgage LLC | NMLS #1835856**
386-882-9980 | FLOMortgage.com
Equal Housing Opportunity

*Not all borrowers will qualify. Loan approval is subject to applicable credit, property, program and underwriting requirements.*

07/15/2026

Join us tomorrow for the exciting Flagler County Association of REALTORS Pickleball Tournament! 🎉🏓 We’re proud to be a sponsor of this fantastic event, which promises an evening filled with friendly competition, valuable connections, and lots of fun.

Two of our talented team members will be out on the court , showcasing their skills and spirit! We’d love for you to come out, cheer them on, and enjoy the lively atmosphere with us! Whether you’re a pickleball pro or just curious about the game, it’s a perfect opportunity to connect with the community. Don’t miss out on the action—see you there! 🌟✨

🏓🎉 FCAR'S 1ST ANNUAL PICKLEBALL TOURNAMENT🎉🏓

Don't miss one of FCAR's most exciting events of the year! Come and Enjoy the Competition!

👥 Are you ready for evening of fun, friendly competition, networking, and food?

📅 Thursday, July 16, 2026
⏰ 5:00 PM – 9:00 PM
📍 Southern Recreation Center

✨ We're also still accepting Tradeshow Sponsors! This is a great opportunity to showcase your business, connect with the PUBLIC and REALTORS®, and gain valuable exposure.

🏓 Pickleball • 🤝 Networking • 🍔 Food & Drinks • 🛍️ Tradeshow • 💻 Online Auction

🎟️ Register your team or secure your Tradeshow Sponsorship through GrowthZone today! Spots won't last long!
https://members.flaglercountyrealtors.com/ap/Events/Register/3BFz1R9UYCQCg

07/13/2026

FLORIDA HOMETOWN HEROES IS NOW LIVE! 🏡

If you dedicate your career to serving our community, this program was created with you in mind.

The Florida Hometown Heroes Program may provide eligible borrowers with:
✅ Down payment assistance
✅ Closing cost assistance
✅ Below-market interest rates
✅ A more affordable path to homeownership

We've attached the official Employer Eligibility Checklist to help you determine if your employer may qualify under the program.

Eligible professions may include:
👮 Law Enforcement
🚒 Firefighters
🚑 EMS & First Responders
🏥 Healthcare Professionals
🍎 Teachers & School Staff
🪖 Active Military & Veterans
👶 Child Care Professionals
⚖️ Court Employees..and other qualifying public service professions.

Not sure if your employer qualifies? That's exactly what we're here for.

📞 Call FLO Mortgage today: 386-882-9980
🌐 www.FLOMortgage.com

We live here. We work here. We are your neighbors.

FLO Mortgage LLC
Corporate NMLS #1835856
Equal Housing Opportunity

Program availability, funding, income limits, purchase price limits, and employer eligibility requirements apply. Not all borrowers will qualify. Down payment assistance is provided through the Florida Hometown Heroes Program and is subject to change. Contact FLO Mortgage for complete program details.

07/01/2026

❤️ Giving Back Is Part of Who We Are

Today, we had the privilege of supporting the SeaGate Homes Blood Drive, and we're proud to share that Joy McCoy Flores, Broker/Owner of FLO Mortgage, rolled up her sleeve to donate blood and help the event reach its donation goal.

At FLO Mortgage, we believe being part of the community means more than helping families finance their homes. It means showing up, giving back, and supporting causes that truly make a difference.

A special thank you to SeaGate Homes, OneBlood, and everyone who took the time to donate. Every donation has the potential to save lives, and together we made an impact.

We live here. We work here. We are your neighbors.

— The FLO Mortgage Team

💙 Proud Preferred Lending Partner of SeaGate Homes