Should I Wait for Mortgage Rates To Come Down Before I Move?

Written by Space Coast Mortgage Syndicated User on April 17, 2024. Posted in For Sellers, Mortgage Rates, Selling Tips, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold.But when rates start to come down, things...

What You Really Need To Know About Home Price Headlines

Written by Space Coast Mortgage Syndicated User on April 12, 2024. Posted in Home Prices, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains:“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points...

Ways To Use Your Tax Refund If You Want To Buy a Home

Written by Space Coast Mortgage Syndicated User on April 12, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, Mortgage Rates, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains:“If one of your goals is to stop renting and buy a home, you’ll need to save up for closing costs and a down payment on the mortgage. A tax refund can give you a start on the road to homeownership. If you’ve already started to save, your tax refund could move you down the road faster.”While how much money you may get in a tax refund is going...

Is Your Favorite Celebrity Godmother or Brand Ambassador to a Cruise Ship

Written by Space Coast Mortgage Syndicated User on April 11, 2024. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

By Cathy Padilla With cruise lines well on their way back from pandemic lows, the industry is set to reach an estimated 37 billion in U.S. dollars by 2028 and competition for your business is resulting in new ships, new private islands, and famous name drops. In the past few weeks, several celebrity brand ambassadors have been added to the list of those chosen to be honored as the godmother, or sometimes godfather, of a cruise vessel including Gwen Stefani, Giada De Laurentiis, and Jonathan Bennett. Ships having a “godmother”is a longstanding naval tradition, with new ships sponsored...

Carnivals Celebration Key will Showcase Bahamian Culture

Written by Space Coast Mortgage Syndicated User on April 11, 2024. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Carnival Cruise Line’s new exclusive destination on Grand Bahama Celebration Key will feature a retail portal that has been named Lokono Cove with help from a Grand Bahama resident. Lokono Cove is the winning submission from a community competition that was supported by the Ministry for Grand Bahama and the Ministry of Youth, Sports and Culture. Carnival Cruise Line President Christine Duffy announced the name at the Seatrade Cruise Global conference this week in Miami Beach. At Lokono Cove, one of the five portals of Celebration Key, a variety of stores and kiosks will join an authentic Bahamian...

The Perks of Downsizing When You Retire [INFOGRAPHIC]

Written by Space Coast Mortgage Syndicated User on April 11, 2024. Posted in For Sellers, Infographics, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Some HighlightsIf you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move.If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your goals and look at your options in the local market.

Builders Are Building Smaller Homes

Written by Space Coast Mortgage Syndicated User on April 11, 2024. Posted in First-Time Buyers, For Buyers, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill.Newly Built Homes Are Trending SmallerDuring the pandemic, homebuyers wanted (and could afford) larger homes – and builders delivered. They focused on homes that were bigger, so people had more space for things like working from home,...

Should I Move with Today’s Mortgage Rates?

Written by Space Coast Mortgage Syndicated User on April 11, 2024. Posted in For Sellers, Mortgage Rates, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you?In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains:“Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowners to sell their homes. Homeowners may also be slowly coming...

Norwegian Unveils Expansion and Private Island Development

Written by Space Coast Mortgage Syndicated User on April 10, 2024. Posted in Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Norwegian Cruise Line Holdings Ltd. unveiled the most comprehensive new build order in its history. The plan includes a total of eight state-of-the-art vessels, representing nearly 25,000 additional berths, with new classes of ships for each of its three award-winning brands and the construction of a multi-ship pier at Great Stirrup Cay, the company’s private island destination in the Bahamas and its top-rated Caribbean port of call. This decade-long strategy will enhance its product offering, guest experiences, and operational infrastructure. The new ship orders across all three brands are...

The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

Written by Space Coast Mortgage Syndicated User on April 10, 2024. Posted in For Buyers, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why.A real estate agent does a lot more than you may realize. Your agent is the person who will guide you through every step when buying a home and look out for your best interests along the way. They smooth out a complex process and take away the bulk of the stress of...

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