Florida Mortgage | Mortgage Applications Are Surging as Rates Fall
NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagerates #mortgage
Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story.The truth is, if you compare the current numbers with what usually happens in the market, you’ll see there’s no need to worry.Putting the Headlines into PerspectiveThe increase the media is calling attention to is misleading. That’s because they’re only comparing the most recent numbers to a time where foreclosures were at historic lows. And that’s making it sound...
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?The answer is complicated because there’s a lot that can influence mortgage rates. Here are just a few of the most impactful factors at play.Inflation and the Federal ReserveThe Federal Reserve (Fed) doesn’t directly determine mortgage rates. But the Fed does move the Federal Funds Rate up or down in response to what’s happening with inflation, the economy, employment rates,...
Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market.What Does Silver Tsunami Mean?A recent article from HousingWire calls it:“. . . a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging . . .”The thought is that as baby boomers grow older, a significant number will start downsizing their homes. Considering how large that generation is, if these...
Why the Price of Your House Matters When Selling. The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homesellingtips
Experts Forecast Home Prices Will Go Up Over the Next 5 Years NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homebuyingtips
Florida Mortgage | Mortgage Rates May Decrease in 2024
Mortgage Rates May Decrease in 2024 NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagerates
Why a Pre-Approval Matters When Buying a Home. If you’re thinking about buying a home, getting pre-approved is an important first step. Want more information on buying a home? Let’s connect you with one of our mortgage experts. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagepreapproval #homebuyingtips