Mortgage Rates Drop Below 6% – Is Now the Time to Buy Your Dream Home?
Rumors have been flying this year that rates would be coming down. Well, for the last few weeks they have been doing just that. Today I am happy to show you that both FHA (Federal Housing Authority) and VA (Veteran’s Administration) interest rates are nicely below 6%! And 15 year loan could be as low […]
Florida Atlantic University Economist Says Homes ‘Less Overpriced’ in July
This article refers to South Florida, but it is just what I have observed myself. Just a week ago I made three offers for three different buyers. We won all three contracts. For the last 9-12 months that would have been totally impossible. So this information about the market slows down slightly seems very right […]
One Cause of Rising S. Fla. Rents? Lots of Unsuccessful Buyers
By Amber Randall In addition to a wave of new Fla. residents, many buyers find themselves “forced to rent,” many month-to-month, because they haven’t successfully found a home to buy. FORT LAUDERDALE, Fla. – Unless you can drop a pile of cash on the table, you may get squeezed into renting in South Florida’s crazy […]