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Tag: #staugustinebeachcondomortgagerates

Housing Experts Say This Isn’t a Bubble

Written by St. Augustine Beach Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Housing Market Updates, St. Augustine Beach Condo Financing, St. Augustine Beach Mortgage, St. Augustine Beach Mortgage Rates.

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market is not a bubble ready to pop. Today Is Nothing Like 2008 The 2008 housing crash is still fresh in the minds of many homebuyers and sellers. But today’s market is different. Odeta Kushi, Deputy Chief Economist at First American, says: “This is not the same market of...

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Should I Rent or Should I Buy? [INFOGRAPHIC]

Written by St. Augustine Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy, St. Augustine Beach Condo Financing, St. Augustine Beach Mortgage, St. Augustine Beach Mortgage Rates.

Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save. If you want to learn more about the benefits of homeownership, let’s connect today. Content previously posted on Keeping Current Matters

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Should I Buy a Home Right Now?

Written by St. Augustine Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, St. Augustine Beach Condo Financing, St. Augustine Beach Mortgage, St. Augustine Beach Mortgage Rates.

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of home price appreciation. The output is the Home Price Expectation Survey. In the latest release, it forecasts home prices will...

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The Drop in Mortgage Rates Brings Good News for Homebuyers

Written by St. Augustine Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, St. Augustine Beach Condo Financing, St. Augustine Beach Mortgage, St. Augustine Beach Mortgage Rates.

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year rate was down to 5.30% from 5.81% two weeks prior (see graph below): But why is this recent dip such good news for homebuyers? As Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains: ...

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