by Citymax Suncoast | Apr 16, 2022 | Homebuyers, Mortgage Rates
It is time to buy your first home! Making this purchase is such an overwhelming process, and we want to make it as easy for you as possible. The best way to do that is to be ahead of the game. Before you jump into a new mortgage, learn how to prepare to get the best...
by Citymax Suncoast | Jan 14, 2022 | Buying A Home, Housing Market Updates, Mortgage Rates
Timing is everything: Very often, a seller asks, “We can always come down later — right?” Historically when your house goes on the market, the most significant potential for buyer traffic is in the first 30 days, by pricing it high to drop the price later. Showings...
by Citymax Suncoast | Jan 14, 2022 | Down Payments, Home Buying, Interest Rates, Mortgage Rates
While it’s challenging to buy a home with a down payment, programs exist that allow qualified buyers to put down as little as 3.5%. A VA Loan will let you put down 0%. Why would anyone put down as much as 20%? It Will Lower Your Interest Rate A 20% down payment...
by Citymax Suncoast | Jan 14, 2022 | Housing Market Updates, Mortgage Rates
Mortgage rates remain near historic lows but will probably rise in 2021. But even with a mortgage rate in the 3% range, there are traps to be avoided if you want a mortgage at all. Primary among these traps is the debt-to-income ratio (DTI). A recent study by...
by Citymax Suncoast | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...
by Citymax Suncoast | Oct 18, 2021 | Home Price, Mortgage Rates
As mortgage rates rise, homeowners are getting the wrong idea, new data says As mortgage rates have jumped to their highest levels in months, the brakes have been tapped on mortgage borrowing. That’s even though interest rates are still in the historically low...
