Want to Know What Direction Mortgage Rates are Headed? See What the Experts Say.

eileen Fort Lauderdale Area Housing Data , Homes , Interest Rates , Mortgages Leave a Comment

Want to Know What Direction Mortgage Rates are Headed? See What the Experts Say. Mortgage interest rates have been gradually trending up over the last few months. Projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying: Laurie Goodman, Co-director of the Urban Institute’s …


Which Comes First: Marriage OR Mortgage

wkedersha Buy a House , First Time Home Buyers , Fort Lauderdale Homes , Fort Lauderdale Realtors , Mortgages , Real Estate Leave a Comment

Which is First: Marriage Before Mortgage There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their …


A Homeowner’s Net Worth is 45x Greater Than a Renter’s!

sfloridaluxuryhomes Buy a House , Fort Lauderdale condos for sale , Home Values , Mortgages , Rent Leave a Comment

A Homeowner’s Net Worth is 45x Greater Than a Renter’s! Do know how much greater the net worth of a homeowner is than a Renter?? Find out here Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net …


What Do You Actually Need to Get a Mortgage?

Mortgages Leave a Comment

What Do You Actually Need to Get a Mortgage? Thursday January 21st, 2016 Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are …

Should You Pay Off your mortgage?

Home Owner Tips , Mortgages Leave a Comment

Is it a Good Idea to Pay off your mortgage, Yes or No? Should You Pay off your mortgage? Q: I’m in my late 50s. My highest priority goal for retirement is to own my home, with no mortgage payment. Is that a valid, fiscally sound objective? — Bill Slayton, Centreville, Va.  A: Being debt-free in retirement has its advantages. …

Fort Lauderdale Mortgage Rate Lock Update

Mortgages Leave a Comment

This week brings us the release of only four pieces of data for the markets to digest. The most important news will be posted late in the week, so we may see the most movement in rates during those days. The first part of the week will likely be driven by stock market gains or losses. There is no relevant …


Mortgages Leave a Comment

Good news for Fort Lauderdale home and condo buyers and sellers. According to the primary mortgage market survey conducted by Freddie Mac, mortgage rates in the United States have dropped slightly from last week. 30 year fixed mortgage rates in the US at an average rate of 4.78%, a .06 point decline from last week’s 4.84%. This is the lowest …