How Changing Mortgage Rates Can Affect You

Written by Deerfield Beach Mortgage Syndicated User on April 4, 2023. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, Interest Rates.

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical monthly mortgage payment:Even a 0.5% change can have a big impact on your monthly payment. And since rates have been moving between 6% and 7% for a while now, you can see how it impacts your purchasing power as rates go down.What This Means for YouYou may be tempted...

Facts About Closing Costs [INFOGRAPHIC]

Written by Deerfield Beach Mortgage Syndicated User on April 1, 2023. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers.

Beekeeping 101 Workshop

Written by Deerfield Beach Mortgage Syndicated User on March 31, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: April 1, 2023 Event Time: 09:00 AM – 11:00 AMLocation: 401 SW 4th StreetDeerfield Beach, FL 33433Description:The workshop will start with an inside presentation, and then participants will join the beekeeper outside at the DFBee Apiary for a hive inspection and “Look Through the Windows” program. No prior experience is necessary.

Hidden In Plain Sight (Presentation for Parents and Caregivers Only)

Written by Deerfield Beach Mortgage Syndicated User on March 31, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: March 31, 2023 Event Time: 06:30 PM – 07:30 PMLocation: 1345 SW 11th Way Deerfield Beach, FL 33441Description:Hidden in Plain Sight is not intended to scare adults, but to enlighten them and provide them with support and local resources for dealing with teens’ risky behavior. We want to help parents, adult family members, and other adults who interact with youth to:1. Understand the types of inexpensive, easily accessible products available to youth to hide products commonly used as indicators of risky behavior “in plain sight”2. Recognize warning signs of ambivalent or possibly...

Communication Workshop for Teens

Written by Deerfield Beach Mortgage Syndicated User on March 31, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: April 5, 2023 Event Time: 03:15 PM – 04:15 PMLocation: 1345 SW 11th WayDeerfield Beach, FL 33441

We’re in a Sellers’ Market. What Does That Mean?

Written by Deerfield Beach Mortgage Syndicated User on March 31, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Selling Myths.

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market...

4 Key Tips for Selling Your House This Spring

Written by Deerfield Beach Mortgage Syndicated User on March 30, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Housing Market Updates, Selling Myths.

Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:1. Make Sure You Give Buyers AccessOne of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’...

How Homeownership Is Life Changing for Many Women

Written by Deerfield Beach Mortgage Syndicated User on March 29, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, Demographics, First Time Home Buyers, For Buyers.

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why Is Homeownership So Important to Women?The rise in women pursuing homeownership hasn’t just made an impact on the housing market. It’s also been an asset for those buyers and their households. That’s because homeownership has many benefits, both financial and personal.On the financial side, housing proves to be the key to building...

Get Ready: The Best Time To List Your House Is Almost Here

Written by Deerfield Beach Mortgage Syndicated User on March 28, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Selling Myths.

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers,...

Why Buying a Home Is a Sound Decision

Written by Deerfield Beach Mortgage Syndicated User on March 25, 2023. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing.

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s helpful to keep the long-term view in mind. Experts project a return to a steadier rate of price appreciation in the years that follow.Home Price Appreciation in the Years AheadOver 100 economists, investment...

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