How Global Uncertainty Is Impacting Mortgage Rates

Written by Boynton Beach Mortgage Syndicated User on March 9, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Interest Rates.

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has dropped slightly over the past few weeks (see graph below): The recent decline in mortgage rates is primarily due to growing uncertainty around geopolitical tensions surrounding Russia and Ukraine. But experts say it’s to be expected. Here’s a...

Why It’s Critical To Price Your House Right

Written by Boynton Beach Mortgage Syndicated User on March 8, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, For Sellers, Pricing, Selling Myths.

When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above list price today. But even in a market like we have now, working with an agent to set the right asking price is critical, as pricing it too high or too low could have a negative impact on your final sale. Here’s why. Pricing Your...

Supply and Demand in Today’s Market [INFOGRAPHIC]

Written by Boynton Beach Mortgage Syndicated User on March 5, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Infographics.

Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers. If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market. Content previously posted on Keeping Current Matters

Are Home Prices Continuing To Rise?

Written by Boynton Beach Mortgage Syndicated User on March 4, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing.

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% S&P Case-Shiller: 18.8% CoreLogic: 18.5% To show that they’re not seeing signs of softening, here’s a graph that gives the progression of all three indices for each month of 2021. As the graph above reveals,...

Down Payment Assistance Programs Can Help You Achieve Homeownership

Written by Boynton Beach Mortgage Syndicated User on March 3, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers.

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time home buyers, 29 percent said saving for a downpayment [sic] was the most difficult step in the process.” If you’re finding that your down payment is your biggest hurdle, the good news is there are many down payment assistance programs available that...

Florida Mortgage | Why Pre Approval Is Key This Year

Written by Boynton Beach Mortgage Syndicated User on March 2, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage.

Florida Mortgage | Why Pre Approval Is Key This Year Pre-approval gives you a competitive edge when you make an offer on a house. Let’s connect so you’re in the best position when you find your dream home. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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

Written by Boynton Beach Mortgage Syndicated User on March 2, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage.

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 Boynton Beach Mortgage Syndicated User on March 2, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage.

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

Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy

Written by Boynton Beach Mortgage Syndicated User on March 2, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage.

Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy Don’t give up the search just because you haven’t found a home that checks every box. Let’s connect to see which of your "must haves" can be accomplished after you purchase. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Real Estate Voted the Best Investment Eight Years in a Row

Written by Boynton Beach Mortgage Syndicated User on March 2, 2022. Posted in Boynton Beach Condo Financing, Boynton Beach Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy.

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a home this year, this poll should reassure you. Even when inflation is rising like it is today, Americans agree an investment like real estate truly shines. Why Is Real Estate a Great Investment During Times of High Inflation? With inflation reaching its highest...

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