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,…

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.

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.

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…

Florida voters will consider a proposed amendment to the State Constitution that mandates adjustments for homestead exemptions based on inflation. Continue to full article

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…

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.

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…

Mortgage rates have fluctuated recently, with the average 30-year rate at 6.72% as of October 31. If considering refinancing, avoid common mistakes: 1) Shop around for better offers, as multiple inquiries within two weeks minimize credit score impact. 2) Compare closing costs, as they can offset savings from lower rates. 3) Ensure you plan to…

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…