What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Distressed Properties, Foreclosures, Housing Market Updates, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were concerned it would result in a wave of foreclosures coming to the market, as there was after the housing crash in 2008. Here’s a look at why the number of foreclosures we’re seeing today is nothing like the last time. 1. There Are Fewer...

Florida Mortgage | What Do Rising Home Prices Mean for Buyers?

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | What Do Rising Home Prices Mean for Buyers? Home prices are continuing to rise. Let’s connect so you can better understand what this means for your homebuying goals. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | How the Appraisal and Inspection Empower You as a Homebuyer

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | How the Appraisal and Inspection Empower You as a Homebuyer Even in today’s competitive market, it’s important not to waive an appraisal or inspection. Let’s connect so you can feel empowered when you submit an offer on the home of your dreams.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Are There More Homes Coming to the Market?

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search. Early Signs Inventory May Be Growing The latest data from realtor.com shows the number of listings coming onto the market, known...

Florida Mortgage | The Spring Homebuying Season Is in Full Bloom

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | The Spring Homebuying Season Is in Full Bloom Spring is the most popular time to buy a home, making it a great time to sell. Let’s connect so you can take advantage of the spring buying season.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Will Home Prices Fall This Year? Here’s What Experts Say.

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.” So why are prices climbing so much? It’s because there are more buyers than...

Florida Mortgage | How Not To Get Fooled When You Sell This Spring

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | How Not To Get Fooled When You Sell This Spring Selling a house on your own can be a risky decision. Let’s connect so we can put together a foolproof plan when you sell this spring.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

How Today’s Mortgage Rates Impact Your Home Purchase

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does the monthly payment you’re able to lock in on your home loan. In a rising-rate environment like we’re in today, that could limit your future purchasing power. Today, the average 30-year fixed mortgage rate is above 5%, and in the near term, experts say...

Florida Mortgage | Thinking of Buying or Selling a Home?

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | Thinking of Buying or Selling a Home? The Spring Buyer and Seller Guides are here. Let’s connect so you can get the latest digital copies.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | Things To Avoid After Applying for a Mortgage

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Florida Mortgage | Things To Avoid After Applying for a Mortgage It’s essential to avoid mishaps after applying for a mortgage. Let’s connect so you know what to avoid during this part of the homebuying process.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Author: Space Coast Mortgage Syndicated User