In this video, I discuss the current state of the South Florida real estate market, highlighting that closed sales are up 8% and the median sales price has risen to $640,000. I also point out that active inventory has increased…
Why Choose a Mortgage Broker? Convenience: Instead of contacting multiple lenders individually, a broker presents you with a range of options from various sources. Accessibility: Brokers often work evenings and weekends, making it easier to discuss your needs when it's…
Is now the right time to buy down your mortgage interest rate? While some argue buydowns are best in a strong seller's market, let's consider the buyer's perspective. A buydown can be advantageous when you anticipate interest rates staying stable…
https://www.wsj.com/articles/mortgage-rates-hit-4-99-dropping-below-5-for-first-time-since-april-11659621623?st=rl1cpfet6nerj0l&reflink=desktopwebshare_permalink Mortgage Rates Drop Below 5% for First Time Since April Rates hit 4.99%, falling swiftly from 13-year high of 5.81% in June Mortgage rates dropped to their lowest level since April, offering a reprieve to prospective home buyers who…
The Growth in Prices is slowing. This means prices are not necessarily going down but rather increasing at a slower rate. The expectations for a one year median home price growth is 4.4% according to the Federal Reserve Bank of…
