First-Time Home-Buyers – Things to Know
First-Time Home Buyers – Things to Know Picture credited to https://www.eemortgagebroker.com.au/ Listen Buying a home is a major milestone in one’s life, but it can also be an intimidating experience, especially for first-time home buyers. With so many factors to consider, it’s easy to feel overwhelmed and confused about where to start. However, with the right […]
Why you should lock in your mortgage rate this April
Lock in your mortgage rate now to avoid potential increases in the future due to inflation and Federal Reserve actions. Buying now can also take advantage of current housing market conditions before the supply gap grows. Consider what’s best for your family and refinance later if needed. Continue to full article
Rising U.S. Mortgage Rates Further Discourage Future Homebuyers in April
This week’s rise in U.S. mortgage rates has led to doubts about future interest rate reductions for potential homebuyers. Affordability concerns are growing, causing more buyers to delay their search. The average rate for a 30-year fixed-rate mortgage is 6.82 percent, with stability expected in the near term. Continue to full article
How Will the Election Affect Mortgage Rates?
Mortgage rates have been rising, impacting homebuyers and sellers. The Federal Reserve’s tight monetary policy has led to higher borrowing costs. Experts believe the election won’t affect rates significantly. Homebuyers should focus on long-term goals and be prepared for potential rate fluctuations. Continue to full article
Another big rate hike for Florida homeowners?
Florida homeowners face another potential rate hike as Cypress Property & Casualty Insurance Company seeks an 18.7% increase on condo policies. The proposal, if approved, will impact 7,300 policyholders. While higher rates can stabilize the insurance market, they also burden homeowners financially, potentially leading to underinsurance or coverage loss. Continue to full article
5 tips on staging your home for a quick sale
To prepare your home for sale, consider staging it by cleaning thoroughly, making necessary repairs, depersonalizing, focusing on key rooms, and creating a good first impression. This will help attract potential buyers and increase the chances of selling your home quickly. Continue to full article
How to Get Preapproved for a Mortgage: Your Essential Guide
A mortgage preapproval is an initial review of your finances to determine what you may qualify for when buying a home. It’s an important step in the homebuying process as it shows sellers you’re a serious buyer. Preapprovals are typically valid for 60-90 days. The process involves verifying your income, assets, and credit history. However, […]
State lawmakers advancing short-term vacation rental measure
Volusia County banned short-term rentals in unincorporated areas in 2021. Legislation in Florida aims to regulate short-term rentals statewide, preventing local governments from outright banning them. The proposed law could help property owners and boost the local economy. Continue to full article
Florida lawmakers look into ways to regulate vacation-rental properties
The House and Senate in Florida are working on plans to regulate vacation-rental properties, with differing approaches. The Senate’s proposal includes allowing local governments to create vacation-rental registration programs and capping maximum overnight occupancy. The House’s plan does not specify occupancy limits but allows local governments to have registration programs. Both plans require advertising platforms […]
Florida legislation could regulate short-term vacation rentals
A new report by Florida TaxWatch highlights the economic impact of unlicensed vacation rentals in the state. The report emphasizes the need for more transparency and safety measures, as well as tax collection. Lawmakers are advancing legislation to address these issues, aiming to create uniform standards and regulations for vacation rentals. The report recommends establishing […]
