Why Would I Move with a 3% Mortgage Rate?

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 16, 2025. Posted in For Sellers, Mortgage Rates, Mortgage Rosemary Beach, Rosemary Beach Mortgage, Selling Tips.

If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?”But when you ask that question, you may be putting your needs on the back burner without realizing it. Most people don’t move because of their mortgage rate. They move because they want or need to. So, let’s flip the script and ask this instead: What are the chances you’ll still be in your current house 5 years from now?Think about your life for a moment. Picture what the next few years will...

Don’t Let Student Loans Hold You Back from Homeownership

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 15, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you’re one of them and you’re wondering:Do you have to wait until you’ve paid off those loans before you can buy your first home?Or is it possible you could still qualify for a home loan even with that debt?Having questions like these is normal, especially when you’re thinking about making such a big purchase. But you should know, you may be putting your homeownership goals on the backburner unnecessarily.Can You Qualify for a Home Loan if You Have...

Florida Mortgage | What You Need To Know About Pre-Approval

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 15, 2025. Posted in Mortgage Rosemary Beach, Rosemary Beach Mortgage.

Florida Mortgage | What You Need To Know About Pre-Approval Before you even start looking at homes, you should get pre-approved for your mortgage. It’ll give you clarity on what you can borrow and help you feel more confident in your ability to get a home loan. If you’re ready to get pre-approved, connect with a trusted lender to learn more. NMLS ID 1834853 #mortgagetips #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagepreapproval #homebuying Data Sources: https://www.bankrate.com/mortgages/pre-approval/benefits...

Why Buyers Are More Likely To Get Concessions Right Now

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 14, 2025. Posted in Buying Tips, For Buyers, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

Especially in areas where inventory is rising, both homebuilders and sellers are sweetening the deal for buyers with things like paid closing costs, mortgage rate buy-downs, and more. In the industry, it’s called a concession or an incentive.What Are Concessions and Incentives?When a seller or builder gives you something extra to help with your purchase, that’s called either a concession or an incentive. A concession is something a seller gives up or agrees to in order to reach a compromise and close a deal. An incentive, on the other hand, is a benefit a builder or seller advertises and...

Home Projects That Boost Value

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 13, 2025. Posted in Equity, For Sellers, Mortgage Rosemary Beach, Rosemary Beach Mortgage, Selling Tips.

Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter – and not all upgrades offer the payoff you might expect. As U.S. News Real Estate explains:“. . . not every home renovation project will increase the resale value of a home. Before you invest in a swimming pool or new addition, you should consider whether the project will pay itself off by getting prospective buyers in the door when it’s time to sell.“That’s why, before you pick up a power tool or call a contractor, your first step...

Why You’ll Want a Home Inspection

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 10, 2025. Posted in Buying Tips, For Buyers, Infographics, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

Some HighlightsOnce your offer is accepted, an inspector will assess the condition of the house, including things like the roof, foundation, plumbing, and more.That information is incredibly important and paves the way for you to re-negotiate with the seller, as needed. So, you don’t want to skip this step.An inspection is your chance to avoid costly headaches and get peace of mind. Connect with an agent to talk about other ways to make your offer stand out.

Housing Market Forecasts for the Second Half of the Year

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 9, 2025. Posted in Forecasts, Mortgage Rates, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move. There is one place you can turn to for answers you want the most. And that’s the experts.Leading housing experts are starting to release their projections for the rest of the year. These insights will give you clarity – and a little more optimism than you might expect. Business Insider sums up the forecasts (and why they’re good news for you):“As mortgage rates go down this year, affordability may improve slightly for...

Why Some Homes Sell Faster Than Others

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 8, 2025. Posted in For Sellers, Mortgage Rosemary Beach, Rosemary Beach Mortgage, Selling Tips.

As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says:“. . . today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices have created a strange mix: Some homes are flying off the market, while others sit for weeks.”That may leave you wondering what you should expect when you sell. Let’s break it down and give you some actionable tips on how to make sure your house is one that sells quickly.Homes Are Still Selling Faster Than Pre-PandemicThe first thing you...

Stocks May Be Volatile, but Home Values Aren’t

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 7, 2025. Posted in Economy, Home Prices, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about your finances.But here’s the thing you need to remember if you’re a homeowner. According to Investopedia:“Traditionally, stocks have been far more volatile than real estate. That’s not to say that real estate prices aren’t ever volatile—the years around the 2007 to 2008 financial...

The 20% Down Payment Myth, Debunked

Written by Rosemary Beach Mortgage Mortgage Syndicated User on May 6, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Mortgage Rosemary Beach, Rosemary Beach Mortgage.

Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.But that’s actually a common misconception. Here’s the truth.Do You Really Have To Put 20% Down When You Buy a Home?Unless your specific loan type or lender requires it, odds are you won’t have to put 20% down. There are loan options out there designed to help first-time buyers like you get in the door with a much smaller down payment.For example, FHA loans offer down payments as low as 3.5%, while VA and USDA...

Author: Rosemary Beach Mortgage Mortgage Syndicated User