How To Approach Rising Mortgage Rates as a Buyer

Written by Vero Beach Mortgage Syndicated User on April 21, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. Mortgage rates are forecast to continue rising in the year ahead. If you’re thinking of buying a home, here are a few things to keep in mind so you can succeed even as mortgage rates rise. How Rising Mortgage Rates Impact You Mortgage rates play a...

Why This Housing Market Is Not a Bubble Ready To Pop

Written by Vero Beach Mortgage Syndicated User on April 21, 2022. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a home. Since then, the percentage of homeowners throughout the country has increased to the current rate of 65.5%. That strong desire for homeownership has kept home values appreciating ever since....

What Is Multigenerational Housing? [INFOGRAPHIC]

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today. Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones. Content previously posted on Keeping Current Matters

Florida Mortgage | Is This Your Year To Break Up with Renting?

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Florida Mortgage | Is This Your Year To Break Up with Renting? If you aren’t in love with renting, you’re not alone. Let’s connect so you can break up with your rental and start your journey toward homeownership. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play Are you thinking of selling your house? Let’s connect so you can perfect your strategy and make a winning play this year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Is It Time To Buy a Smaller Home?

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Baby Boomers, For Buyers, For Sellers, Senior Market, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer could be downsizing. A recent article from The Balance talks about why it could be a great option, saying: “There are many reasons to buy a smaller home—or to downsize from your present home—but...

Florida Mortgage | Why We’re Not Headed for a Housing Crash

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Florida Mortgage | Why We’re Not Headed for a Housing Crash Today’s housing market is nothing like it was in 2008. Let’s connect to discuss the reasons why it’s different. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Why Pre-Approval Is an Important Step for Today’s Homebuyers

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check out your personal finances and issue you a letter confirming the amount you’re eligible to borrow. This not only gives you a firm budget for house hunting, but also lets sellers know you’re qualified to make an offer.” Why does that matter so much today? There are many...

Florida Mortgage | Things To Avoid After Applying for a Mortgage

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Florida Mortgage | Things To Avoid After Applying for a Mortgage It’s essential to avoid mishaps after applying for a mortgage. Let’s connect so you know what to avoid during this part of the homebuying process.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | Thinking of Buying or Selling a Home?

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Florida Mortgage | Thinking of Buying or Selling a Home? The Spring Buyer and Seller Guides are here. Let’s connect so you can get the latest digital copies.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Category: Vero Beach Condo Financing