Why Pre-Approval Is Key for Homebuyers in 2022

Written by Deerfield Beach Mortgage Syndicated User on January 25, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Move-Up Buyers.

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional and competitive are musts when buying a home this year. 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. Just as important, being able to present a pre-approval letter...

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

Written by Deerfield Beach Mortgage Syndicated User on January 22, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, Housing Market Updates, Infographics.

Some Highlights According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time. Let’s connect today if you’re ready to make real estate your best investment this year. Content previously posted on Keeping Current Matters

Florida Mortgage | Home Equity Is a Seed That Can Grow Your Wealth

Written by Deerfield Beach Mortgage Syndicated User on January 21, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Florida Mortgage | Home Equity Is a Seed That Can Grow Your Wealth When you buy a home, you plant a seed that grows your investment each year. Let’s connect so you can buy the home of your dreams and let the equity take root today. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Buyers Want To Know: Why Is Housing Supply Still So Low?

Written by Deerfield Beach Mortgage Syndicated User on January 21, 2022. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, Housing Market Updates.

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time. Here’s a look at two reasons why today’s housing supply is low and what that means for you. 1. New Home Construction Fell Behind for Several Years The graph below shows new home...

With Mortgage Rates Climbing, Now’s the Time To Act

Written by Deerfield Beach Mortgage Syndicated User on January 20, 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.

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the projections from Freddie Mac for this year: Q1 2022: 3.4% Q2 2022: 3.5% Q3 2022: 3.6% Q4 2022: 3.7% As the numbers show, this jump in rates is in line with the expectations...

Dr. Martin Luther King Jr. Virtual Commemoration 2022

Written by Deerfield Beach Mortgage Syndicated User on January 19, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

The following is a Deerfield Beach virtual presentation commemorating the life and legacy of Dr. King.

Broward Opens New Monoclonal Antibody Therapy Treatment Site

Written by Deerfield Beach Mortgage Syndicated User on January 19, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

The state will open a new monoclonal antibody therapy treatment site in Broward County starting Tuesday, January 18, 2022. The site will be at Markham Park, 16001 W. State Rd. 84 in Sunrise.

Sellers: Don’t Wait Until Spring To Make Your Move

Written by Deerfield Beach Mortgage Syndicated User on January 19, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Interest Rates, Pricing, Selling Myths.

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your new home. What you may not realize is, that opportunity to get the best of both worlds is already here. You don’t want to wait until spring to spring into action. The current market conditions make this winter an ideal time to move. Here’s why. 1. The Number of Homes on the Market Is Still Low Today’s...

What’s Going To Happen with Home Prices This Year?

Written by Deerfield Beach Mortgage Syndicated User on January 18, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Pricing.

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet been released. As the graph shows, appreciation has remained steady at around 18% over the last five months. In addition, the latest S&P Case-Shiller Price Index and the FHFA Price Index...

Florida Mortgage | All Signs Point to Your House Selling Quickly This Year

Written by Deerfield Beach Mortgage Syndicated User on January 18, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Florida Mortgage | All Signs Point to Your House Selling Quickly This Year | Current real estate conditions are creating great opportunities for sellers. Let’s connect to discuss why you should expect your house to sell quickly in today’s market. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Category: Deerfield Beach Mortgage