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Tag: #deerfieldbeachmortgagecompany

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Written by Deerfield Beach Mortgage Syndicated User on . Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Pricing.

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer...

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Things To Avoid After Applying for a Home Loan

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

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases It’s not just...

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Youth Football Camp with NFL Greats!

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

Event date: June 25, 2022 Event Time: 09:00 AM – 12:30 PMLocation: 445 SW 2nd StreetDeerfield Beach, FL 33441Description:First Annual Football Camp presented by NFL players Brandon Powell, James Pierre, and Devin Singletary. The camp will be held on Saturday, June 25, 2022, from 10:30 am to 12:30 at Oveta McKeithen Recreational Complex, 445 SW 2nd St, Deerfield Beach, FL 33441. This is a free camp and day of fun for ages 6 to 13! Registration for the Packer Rattlers Football program will also be on-site and begins at 9:00 am. Lunch will be provided for participants.

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The Average Homeowner Gained $64K in Equity over the Past Year

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

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise. That means your home is worth more in today’s market because it’s in high demand. As Patrick Dodd, President and CEO of...

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Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

Written by Deerfield Beach Mortgage Syndicated User on . Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates.

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging journey to achieve homeownership for some buyers, as shown by the measurable gap between the overall average U.S. homeownership rate and that of non-white groups. Today, Census data shows the lowest homeownership rate persists in the Black community (see graph below): ...

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