Welcome to Flowers Realty - Serving Your Real Estate Needs

Flowers Realty Services LLC
811 S. Central Expy, Ste.337
Richardson , TX 75080
(214) 432-5822
Naperville IL.

Having the right real estate agent or loan officer means having an individual who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped us build a remarkable track record of delivering results.

Nothing is more exciting to us than the gratifying feeling we get from helping people meet their real estate needs. You can count on us to always do what's in your best interest. We pride ourselves on being honest, trustworthy, and knowledgeable in the real estate market. We know how important it is to find your dream home or get the best offer for your property. Therefore we will make it our responsibility to help you achieve those goals.

Whether you are an experienced investor or a first time buyer, we can help you in finding the property of your dreams. Please feel free to browse our website or let us guide you every step of the way by calling or e-mailing us to set up an appointment today.

Mortgage Rates


Average Rate*
30-Year Fixed Rate 3.12%
20-Year Fixed Rate 2.88%
15-Year Fixed Rate 2.91%
10/1 ARM Rate 3.61%
* Conforming FNMA Loan Amount. Rates may include points.

Information updated: 6/05/2020

Real Estate Industry News

Forbearance Numbers Appear to Shrink, but There's a Catch

Posted To: MND NewsWire

The number of mortgages in forbearance plans declined this past week for the first time since the CARES Act to address the COVID-19 pandemic was enacted. Black Knight said its survey showed that there were 4.73 million homeowners, 8.9 percent of those with mortgages, in forbearance plans as of June 2. This is a net decrease of 34,000 loans since May 28. The number of approved plans, which allow homeowners to temporarily suspend or reduce mortgage payments if they are financially impacted by the pandemic, decreased by 43,000 among mortgages being serviced for Ginnie Mae (VA, FHA, and USDA loans) and the GSEs Fannie Mae and Freddie Mac. However, the number of forborne loans serviced for others, such as private label securities or portfolio lenders grew by 9,000 loans. Black Knight's survey tracks...(read more)

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AE Jobs; Broker, DPA, LOS, Products; FHA COVID Forbearance Guidance; Payrolls Push Rates Higher!

Posted To: Pipeline Press

Change is certainly constant. “And just like that, every reporter has gone from infectious disease expert to civil rights attorney.” In our biz, if you didn’t make money in the first quarter, you should have made some changes. The MBA tells us that independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,600 on each loan they originated in the first quarter, up from $1,182 per loan in the fourth quarter. Impac Mortgage? Heading back into the game . Changes continue in the secondary markets. Mortgage rates and programs are determined by investor demand, and pay-ups for specified pools (where investors pay up for certain loan amounts, geographic concentration, or credit scores) are coming back into vogue, as is talk of low credit score...(read more)

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MBS Day Ahead: Panic In The Bond Market; Why So Serious?

Posted To: MBS Commentary

After weeks and weeks (6, to be specific) of extraordinarily calm and narrow trading ranges in ultra-low-yield territory, the bond market has suddenly decided it's time to jump back up toward higher yields. The move is fairly large, abrupt, and serious. But why? The longer a trading range remains as narrow as the one just witnessed, the bigger the risks become that "something else" will happen. There are really only 2 choices when it comes to departing a narrow, sideways range. Yields were either going to move higher or lower. I won't say that one of those eventualities was more likely than the other, but the weakness we're seeing was certainly more likely in the event that incoming data (either about covid numbers or economic recovery) was markedly stronger than expected...(read more)

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