Florida Mortgage | Prices still rising annually in St. Johns County, FL | NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Jacksonville, FL is among the top housing markets to live in 2022. NMLS ID 1834853 #jacksonville #jacksonvilleflorida #jacksonvillerealestate #floridamortgage
Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision.
Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is tied to how you gain equity and wealth as home values grow with time.
The National Association...
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no signs of letting up soon.
Economic uncertainty and the volatility of the financial markets are causing mortgage rates to rise. George Ratiu, Senior Economist and Manager of Economic Research at realtor.com, says this:
“While even two months ago rates above 7% may...
Florida Mortgage | Potential buyers must do the purchase as there are more options now in the market! NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment.
Here are a few simple tips to make sure you maximize the sale of your house this fall.
1. Price It Right
One of the first things buyers will notice is the price of your house. That’s because the price sends a message to home shoppers....
Florida Mortgage | Did the Home of Your Dreams Just Come onto the Market? The supply of homes for sale has been increasing, and that gives you a better chance of finding the home of your dreams. Time to start exploring homes in Florida. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.
The Impact of Rising Mortgage Rates
As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works.
Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is...