mortgage professionals in Florida

Managing rental properties remotely has become more efficient due to technology. Landlords can utilize property management software, online rent collection services, and virtual communication tools to streamline operations. Smart home technology and automated accounting software further enhance management capabilities. While technology aids remote management, hiring a property manager offers local expertise, tenant screening, maintenance handling,…

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Fed Rate Cut

Inflation may have (nearly) returned to normal. But prices don’t feel normal. The Federal Reserve cut the federal funds rate by 50 basis points in September as inflation has moved closer to its 2% target. This was the first rate cut since the onset of the pandemic and might be a turning point in the Fed’s years-long battle to…

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Non-QM (Non Qualified Mortgage) Mortgages

Non-QM (non Qualified Mortgage) mortgages are loan products that do not meet the standard criteria established by the Consumer Financial Protection Bureau (CFPB) for qualified mortgages. These standards are designed to protect borrowers by ensuring that loans are affordable and that lenders have verified the borrower’s ability to repay. Non-QM mortgages can include a variety…

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housing starts surge

Pace of home construction sees big jump US housing starts rebounded in August, accelerating at their fastest clip since April and helping offset some of the slowdown seen the prior month. Government figures released Wednesday showed that the annualized rate of housing starts reached 1.36 million last month, a 9.6% increase over July and slightly…

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FL Housing Bond Program

The Florida Housing Bond Program is designed to help provide affordable housing options for low- and moderate-income individuals and families in Florida. It primarily does this by offering financing options to developers and builders who create affordable housing projects. The program may involve issuing tax-exempt bonds, which can lower borrowing costs and make it easier…

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