Florida Mortgage | How Homeownership Can Help Shield You from Inflation. Don’t let inflation delay your home buying plans. Let’s connect so you can start the process today. NMLS ID 1834853 #floridamortgage #homeownership #inflation #mortgagepreapproval
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.
Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past...
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Some Highlights
Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
Connect with a trusted professional to learn more and start your homebuying process today.
Content previously posted on Keeping Current Matters
Expert Insights on Where the Housing Market Is Heading. Want to know what the future holds for rates, prices, and inventory? Contact our mortgage experts to answer your housing market questions. | NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #housingmarket #realestate #expertinsights
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.
Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be...