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Tag: #fortlauderdalemortgage

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

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, 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...

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

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

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

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

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, 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...

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