The election is done – what’s next for the housing market?
Focus turns to how new Trump administration will tackle housing crisis The dust has settled on a momentous 2024 US presidential election campaign that dominated headlines for months and put two sharply contrasting plans for America’s future in the spotlight – and as a second Donald Trump presidency looms into view, attention in the mortgage…
Read MoreGREAT VA LOAN OPTION
This guideline highlight is for those of you that serve the military communities. Many active-duty military serve their 4 years or however long they have been active and then decide to go back to civilian life. This process can be a bit tricky when you have a family, and the timing needs to be right,…
Read MoreFed Cuts Rates in November by 0.25% | Check out our latest videos. Please follow us on
Federal Reserve cut interest rates by 0.25% on November 7, targeting a range of 4.5% to 4.75%.Future rate cuts projected through 2026, with another 0.25% cut expected in December 2024.The Federal Reserve's next policy meeting is scheduled for December 12-13, 2024.
Read MoreIs Florida in a Housing Bubble? | Check out our latest videos. Please follow us on
Florida’s housing market shows rapid price growth, particularly in cities like Miami, raising bubble concerns. Inventory has risen by 59% in 2024, creating a more balanced yet cautious market outlook.
Read MoreCan I Cancel My Mortgage Insurance?
If you’re a homeowner with a mortgage, you’ve likely come across something called mortgage insurance. Mortgage insurance, also known as private mortgage insurance (PMI) for conventional loans or mortgage insurance premium (MIP) for FHA loans, is a requirement when you don’t have a sufficiently large down payment. It’s an additional cost that can add up…
Read MoreFlorida voters to weigh in on inflation adjustments for homestead exemptions
Florida voters will consider a proposed amendment to the State Constitution that mandates adjustments for homestead exemptions based on inflation. Continue to full article
Read MoreHow Do FHA Loans Work?
How Do FHA Loans Work? Federal Housing Administration (FHA) loans are government-backed mortgages that are designed to make homeownership more accessible, particularly for first-time homebuyers. They are popular due to their flexible credit requirements and lower down payment options. Here’s how FHA loans work and what you need to know if you’re considering one. What…
Read MoreFlorida’s Amendment 5: Economic Relief or Budget Crunch? | Check out our latest videos. Please follow us on
Amendment 5 proposes a new property tax break for homeowners, impacting local government revenues. Homeowners filing for a homestead exemption would receive minimal savings from the proposed tax break.
Read MoreStable mortgage rates could drive 2025 home sales increase – NAR
Mortgage rates expected to stabilize as job growth supports market rebound. After a tough period for home sales, the National Association of Realtors (NAR) has forecasted that the housing market will stabilize in the coming years, with a projected increase in home sales for 2025 and 2026 as mortgage rates level out around 6%. With…
Read MoreReal Estate Bubbles: Are Rent Prices Going Up or Down?
Average rent prices in real estate bubble cities have risen 5% since mid-2022, while home prices have dropped 15%, reducing bubble risk. Notable increases include a 60% surge in Dubai's rents, driven by significant population growth, and rising rents in Madrid, leading to protests. Conversely, Singapore's rents fell nearly 7% due to government measures. In…
Read More
