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October 14, 2024 Florida Mortgage Blog 0 Comments

Home Purchases from International Buyers Decline by Over 20% The real estate market has witnessed a significant shift as home purchases by international buyers have dropped by more than 20% in 2024. This change has been influenced by various factors that have reshaped the landscape for foreign investments in the U.S. housing market. Here’s a…Read More→

October 7, 2024 Florida Mortgage Blog 0 Comments

How Much House Can I Afford? Determining how much house you can afford is a crucial step in the home-buying process. It’s essential to evaluate your financial situation and understand the factors that influence your purchasing power. Here’s a quick summary to help you get started: Assess your monthly income and expenses Understand your debt-to-income…Read More→

October 6, 2024 Florida Mortgage Blog 0 Comments

2024 and 2025 Housing Market Outlook As we look ahead to the housing market in 2024 and 2025, several key factors are poised to influence trends and dynamics. Understanding these elements can help potential buyers, sellers, and investors make informed decisions. Key Highlights Economic growth and employment rates are expected to impact housing demand. Interest…Read More→

October 3, 2024 Florida Mortgage Blog 0 Comments

Insurance Costs and Fees Impacting Florida Condo Values in 2024 The real estate landscape in Florida, particularly for condominiums, is undergoing significant changes. In 2024, a critical factor influencing condo values is the rising insurance costs and associated fees. This trend is not only affecting potential buyers but also current condo owners who are witnessing…Read More→

September 30, 2024 Florida Mortgage Blog 0 Comments

3 Mistakes You Must Not Make When Mortgage Rates Drop As mortgage rates fluctuate, homeowners and potential buyers are often on the lookout for opportunities to save. However, navigating these changes can be tricky. Here are three common mistakes to avoid when mortgage rates drop. 1. Not Refinancing at the Right Time Refinancing can save…Read More→

September 26, 2024 Florida Mortgage Blog 0 Comments

Will Mortgage Interest Rates Drop This Week? Here’s What to Know As we move through 2024, many potential homebuyers and current homeowners are keeping a close eye on mortgage interest rates. The question on everyone’s mind is whether these rates will decrease in the near future. Understanding the factors that influence mortgage rates can help…Read More→

September 18, 2024 Florida Mortgage Blog 0 Comments

Weekly Mortgage Demand Surges In recent weeks, the mortgage market has experienced a notable surge in demand. This increase is largely attributed to a significant drop in interest rates, which have hit a two-year low. For potential homebuyers and homeowners looking to refinance, this is an opportune moment to secure favorable mortgage terms. Interest Rates…Read More→

September 16, 2024 Florida Mortgage Blog 0 Comments

New Survey Shows How Low Mortgage Rates Must Go Before Homebuyers Start Shopping In a recent survey, potential homebuyers revealed the mortgage rate thresholds that would encourage them to re-enter the housing market. As we move into 2024, understanding these thresholds can help both buyers and real estate professionals navigate the evolving market landscape. Current…Read More→

September 14, 2024 Florida Mortgage Blog 0 Comments

5 Ideas for How to Help Veterans & Servicemembers This Holiday Season The holiday season is a time of giving and gratitude. For many veterans and servicemembers, this time of year can be particularly challenging. Here are five meaningful ways you can show your support and appreciation for their sacrifices in 2024. 1. Donate to…Read More→

September 10, 2024 Florida Mortgage Blog 0 Comments

When Is the Right Time to Buy a House? Deciding the perfect time to buy a house is a significant financial decision that requires careful consideration of various factors. The real estate market fluctuates, and understanding when to make your move can save you money and stress in the long run. Understanding Market Conditions The…Read More→