Seasoning Policy for Bankruptcies, Foreclosures, and Short Sales
Affordable Housing Deliveries to Peak in 2025 | Check out our latest videos. Please follow us on
Forecasts predict 69,600 units of affordable housing delivered this year, peaking at 70,500 units in 2025. The affordable housing market benefited from accessible construction financing that stimulated multifamily development in recent years.
Read MoreFed Interest Rate Forecast for 2025-26: Expert Insights | Check out our latest videos. Please follow us on
Fed Funds Rate Trends Forecast: – 2025 rate: drop to 4.0% – 2026 rate: to hold ~3.8% Economic Outlook for 2025: – GDP growth: taper from 1.8% to 2.5% by year-end – Rate cuts respond to slower economic growth
Read MoreWill Fed Rate Cuts Boost 2025 Housing? | Check out our latest videos. Please follow us on
The Fed projects an additional 200 basis points of rate cuts by the end of 2025. By 2025, mortgage rates are expected to settle between 5.5% and 6%, aiding affordability.
Read MoreSanford: A Hurricane-Safe Haven for Homebuyers | Check out our latest videos. Please follow us on
Sanford is a historic town, combining waterfront living with minimal hurricane risks. The town’s median home price of $340,229 makes it an attractive option for families and retirees looking for a quieter lifestyle. Sanford's charming downtown area is filled with historic buildings, unique shops, and restaurants, offering a welcoming atmosphere. The town is known for…
Read MoreCan I get a mortgage without a credit score?
Yes, it’s possible to get a mortgage without a credit score, though it may require a bit more documentation and a different approach. Here are some of the options: Manual Underwriting: Lenders may offer manual underwriting, where they assess your financial history and ability to repay by reviewing alternative documents, such as proof of on-time…
Read MoreNew Protections for Florida Real Estate Buyers
Florida has strengthened buyer protections in real estate, especially for condominiums, after the 1985 Johnson v. Davis ruling. New laws require milestone inspections and reserve studies for condos over 25 or 30 years old by December 31, 2024. Buyers can terminate contracts within three days of receiving inspection reports. From October 1, 2024, sellers must…
Read More6 ways to lower your mortgage payment
Housing costs are a significant monthly expense for many Americans, often consuming a third of their budget. To reduce mortgage payments, options include refinancing for a lower interest rate, eliminating private mortgage insurance (PMI) if equity reaches 20%, or recasting the loan by making a lump-sum payment. Homeowners can also shop for cheaper insurance and…
Read MoreUsing Alimony, Child Support, or Separate Maintenance for Income When Getting a Mortgage
Document that alimony, child support, or separate ma intenance will cont inue to be paid for at least thre e years after the date of the mortgage application, as verified by one of the following: A copy of a divorce decree or separation agreement (if the divorce is not final) that indicates the monthly payment…
Read MoreHow Much Do Buyers Need to Afford the Typical Starter Home?
According to a new Redfin analysis, Americans must make $76,995 annually to afford the median priced starter home ($250,000), a 0.4% decrease from the previous year. Since August 2020, when mortgage rates were getting close to a record low, that is the first annual drop. Although the cost of a starter house has increased by 4.2%…
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