Are You Wondering if This Is the Year To Buy a Home?

Written by Deerfield Beach Mortgage Syndicated User on March 17, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Rent vs. Buy.

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census data, rents have risen consistently for decades. To make an informed and powerful decision, the first step is understanding what’s happening in today’s housing market so you can determine which option is the better long-term financial decision for you. Rents Are Going Up Again...

Pink Pearls

Written by Deerfield Beach Mortgage Syndicated User on March 17, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: March 30, 2022 Event Time: 03:30 PM – 04:30 PMLocation: 1345 SW 11th WayDeerfield Beach, FL 33441Description:Young ladies we welcome you to come listen to a wonderful presentation from Pella Blue, CEO of Propella Coaching and Consulting. The topic she will be sharing about is Professionalism and Career Preparation! Raffle prize and lite refreshments will be provided. Must be a Teen Center member and RSVP by Wednesday, March 23, 2022.If you would like to join please call us at 954-571-4568 to schedule a tour and complete an application with a parent/guardian.

Women’s History Hall of Fame Brunch

Written by Deerfield Beach Mortgage Syndicated User on March 17, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: March 26, 2022 Event Time: 11:00 AM – 01:00 PMLocation: 445 SW 2nd StDeerfield Beach, FL 33441Description:Join us as we celebrate the influential women of Deerfield Beach who have served as role models, demonstrated a commitment to the City and invested time, talent and resources to make a difference.

YERU STEM presents: Forensic Science as a STEM Career Pathway

Written by Deerfield Beach Mortgage Syndicated User on March 16, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: March 16, 2022 Event Time: 04:00 PM – 05:30 PMLocation: 1345 SW 11th WayDeerfield Beach, FL 33441Description:We welcome you back for another amazing workshop with YERU STEM Education. This workshop is led by Shaakira Hardy, NASA Osiris-REX Researcher and K-12 STEAM Director! The areas to be covered include: Fingerprinting, Ballistics, Crime Scene Investigating and DNA Extraction Techniques. Our guest will be Claudine Carter Pereira, Director- Crime Laboratory for the Broward Sheriff’s Office. Must be a Teen Center member and RSVP by Friday, March 11. If you would like...

Don’t Get Caught Off Guard by Closing Costs

Written by Deerfield Beach Mortgage Syndicated User on March 16, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Move-Up Buyers.

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home. What Are Closing Costs? One possible reason some people are surprised by closing costs may be because they don’t know what they are or what they cover. According to U.S. News and World Report: “Closing costs encompass a variety...

This Spring Presents Sellers with a Golden Opportunity

Written by Deerfield Beach Mortgage Syndicated User on March 15, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing.

If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the best of both worlds today. Here are four reasons why this spring may be your golden window of opportunity. 1. The Number of Homes on the Market Is Still Low Today’s limited supply of houses for sale is putting sellers in the driver’s seat. There are far more buyers in the market today than there are homes available....

Key Terms for Homebuyers [INFOGRAPHIC]

Written by Deerfield Beach Mortgage Syndicated User on March 12, 2022. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers.

Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction. Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up. Content previously...

How To Navigate a Market Where Multiple Offers Is the New Normal

Written by Deerfield Beach Mortgage Syndicated User on March 11, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers.

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast and get multiple offers. Realtor.com has this to say: “Homes also flew off the market at record pace as buyers put offers in the moment properties came up for sale….” In a bidding war situation like this, doing everything you can to get ahead of the competition is a wise move. That’s because...

Key Factors That Impact Affordability Today

Written by Deerfield Beach Mortgage Syndicated User on March 10, 2022. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing.

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, mortgage rates, and wages. Let’s look closely at each of these components. 1. Home Prices The most recent Home Price Insights report by CoreLogic shows home values have increased by 19.1% from last January to this January. That was one reason...

How Global Uncertainty Is Impacting Mortgage Rates

Written by Deerfield Beach Mortgage Syndicated User on March 9, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield 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 look...

Category: Deerfield Beach Mortgage