Market Snapshot
• A moderate uptick in listings and time on market suggests growing buyer leverage.
• Florida leads major markets in foreclosure rate increases—Tampa is at the forefront.
Mortgage & Financing Landscape
• 30-year fixed averages ~6.12%, 15-year fixed ~5.37% as of November 21.
• The Fed’s outlook shows a pause in immediate rate cuts, which could keep borrowing costs elevated near current levels.
What this means:
Agents and lenders should prioritize prospects who may benefit now—from first-time buyers to refinancers. Timing and messaging will drive results.
Homeowner & Community Notes
• With condo values showing weakness and owner-cost burdens rising, reviewing insurance, HOA costs, and energy-efficiency upgrades is prudent.
Local Business Spotlight
Yummy House – Tampa (Dale Mabry)
📍 302 N Dale Mabry Hwy, Tampa, FL 33609
Authentic Chinese comfort food, locally renowned for dumplings and service. Ideal for client meetings and relationship-building.
Weekly Brain Teasers
- I’m often served, but never eaten. What am I?
- What runs but never walks?
- I grow shorter every time I take a step. What am I?
Answers: A tennis ball, water, a candle
Connect with Rafael “Rafi” Castro
Referral-based business driving results for Tampa Bay’s real-estate professionals and homeowners.
📞 813-469-7568 | 813-590-0031
📧 rcastro@marymontfs.com
🌐 rafi.mortgage
