What’s Ahead for Mortgage Rates and Home Prices?

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in First Time Home Buyers, For Buyers, For Sellers, Gainesville FL Mortgage, Gainesville FL Mortgage Rates, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing.

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible. Mortgage Rates Will Continue To Respond to Inflation There’s no doubt mortgage rates have skyrocketed this year as the market responded to high inflation. The increases we’ve seen were fast and dramatic, and the average 30-year fixed mortgage rate even surpassed 7% at the end of last...

Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in Gainesville FL Mortgage, Gainesville FL Mortgage Rates.

Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022 | Nationally, home prices are forecast to appreciate, just at a more moderate pace than last year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in Gainesville FL Mortgage, Gainesville FL Mortgage Rates.

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy. When you buy or sell a home, you’re making a difference in your community. Let’s connect if you’re ready to make a move and make an impact. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Key Factors Affecting Home Affordability Today

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in First Time Home Buyers, For Buyers, Gainesville FL Mortgage, Gainesville FL Mortgage Rates, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing.

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here are three measures used to establish home affordability: home prices, mortgage rates, and wages. Let’s look closely at each one. 1. Mortgage Rates This is the factor most people are focused on when they talk about homebuying conditions today. So...

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in Demographics, First Time Home Buyers, For Buyers, Gainesville FL Mortgage, Gainesville FL Mortgage Rates, Gen Z, Millennials, Move-Up Buyers.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how they’re breaking into the market: “. . . younger generations of Americans are not buying into that dream in the same way that older generations have. A growing number of Americans are choosing to make their first real estate purchase as an investment property.” Instead of...

Florida Mortgage | August 2022 housing market trends

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in Gainesville FL Mortgage, Gainesville FL Mortgage Rates.

Florida Mortgage | August 2022 housing market trends | NMLS ID 1834853 #floridamarketudpate #floridahousing #floridarealestate

Homeownership Wins Over Time [INFOGRAPHIC]

Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991. Homeownership wins in the long run. If you’re ready to buy a home, let’s connect today. Content previously posted on Keeping Current Matters

Sell Your House Before the Holidays

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in For Sellers, Gainesville FL Mortgage, Gainesville FL Mortgage Rates, Move-Up Buyers.

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait? If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays....

Florida Mortgage | Prices still rising annually in St. Johns County, FL

Written by Gainesville FL Mortgage Syndicated User on November 12, 2022. Posted in Gainesville FL Mortgage, Gainesville FL Mortgage Rates.

Florida Mortgage | Prices still rising annually in St. Johns County, FL | NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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