The Hometown Heroes Housing Program helps Floridians achieve homeownership with zero-interest loans for down payments and closing costs. TALLAHASSEE, Fla. — Affordable housing remains a top concern nationwide, especially in Florida, where high interest rates, limited inventory and rising home prices have made the dream of homeownership a challenge for many. Recognizing this, Florida […]
Hometown Heroes Housing Program Read More »
When the Federal Reserve cuts rates, many assume that mortgage rates will follow suit. But if you’re in the market for a home, you might have noticed that mortgage rates have not immediately decreased, leaving you wondering why. The Fed’s rate cut decision does not directly control mortgage rates. Instead, it influences other economic conditions,
What the Fed’s Rate Cut Means for Mortgages Read More »
DeSantis Signs Rent Fee Bill Ron DeSantis, the Governor of Florida, has recently signed a rent fee bill that will have a positive impact on tenants throughout the state. This new legislation helps to address the issue of high rental fees that many tenants face when they try to rent in Florida. Florida renters, rejoice!
DeSantis Signs Rent Fee Bill Read More »
Finding Stability: When Will Fed Slow Rate Hikes? While inflation numbers guide Fed decisions, two members say 5% will be the bare minimum stopping point, and it will be in effect at least through 2023. Interest rates? – WASHINGTON (AP) – Two Federal Reserve officials said Monday that they favor raising the Fed’s key
Interest Rates – Finding Stability: When Will Fed Slow Rate Hikes? Read More »
What credit score do you need to buy a house? Cost of Fair vs. Excellent Credit Score? $288 per Month A borrower with a “fair” credit score could pay $103,626 more over the life of a 30-year loan compared to a similar borrower with an “excellent” score. SEATTLE – Potential buyers considering a home buy
What credit score do you need to buy a house? Read More »
Real Estate Investors See Opportunity Under the “buy low, sell high” theory of real estate investors, some larger single-family landlords see economic downturns as a chance to increase their inventory. NEW YORK – Single-family landlords are watching the decelerating U.S. housing market with an eye out for buying opportunities, wagering that reduced consumer demand will
Real Estate Investors See Opportunity in 2022 Read More »
Mortgage Rates Jump Almost 1/4 Point – to 3.45% (Jan. 13 article) The Fed announced it would tighten monetary policy more quickly, which pushed the 30-year, fixed-rate mortgage higher compared to last week’s 3.22%. SILVER SPRING, Md. (AP) – Average long-term U.S. mortgage rates jumped again this past week, reaching their highest level since
Mortgage Rates Jump Almost 1/4 Point – to 3.45% Read More »
Homestead Exemption Florida | Deadline 2022 Do you still have time to file for Homestead exemption? Many people ask me about what is the homestead exemption in the state of Florida. I have put this article together to clear up some of those questions and to guide you on how to file for homestead exemption.
Homestead Exemption Florida | Deadline 2022 Read More »
Buying a Fixer-Upper? Some Raw Materials Hard to Find Buyers planning to fix up an existing home face the same challenges new-home builders do: Expensive or hard-to-find items, such as appliances or lumber. CHICAGO – Supply chain woes have hitting the housing market, affecting appliances, windows, paint and other items needed to build, repair or
Fixer Upper – Homes for Sale in West Palm Beach, FL Read More »
Florida Realtors Updates FR/Bar Contracts and Riders Major FR/Bar updates Paragraph 8, which addresses how the purchase will be paid for, contains many updates. Spend time familiarizing yourself with the changes, so that you understand buyers’ and sellers’ responsibilities when the new contract goes into everyday use. 8(b) – Two tasks are to be completed during
Florida Real Estate contracts explained – 2021 Changes Read More »
