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Author: Jacksonville Beach Mortgage Syndicated User

Four Ways You Can Use Your Home Equity

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Foreclosures, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates, Move-Up Buyers.

If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think.According to the latest Equity Insights Report from CoreLogic, the average homeowner has more than $274,000 in equity right now. That much equity can help you achieve certain goals. In a recent article, Bankrate elaborates: “While the pandemic created serious challenges, the silver lining for anyone who owned a home...

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Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates, Pricing.

Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

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How Inflation Affects Mortgage Rates

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, Housing Market Updates, Interest Rates, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates, Move-Up Buyers.

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know.The Fed is trying hard to reduce inflation. And even though there’s been 12 straight months where inflation has cooled (see graph below), the most recent data shows it’s still higher than the Fed’s target of 2%: While you may have been hoping the Fed would stop their hikes since they’re making progress on their goal of bringing down inflation, they...

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How To Know If You’re Ready to Buy a Home

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates.

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make.While housing market conditions are definitely a factor in your decision, your own life and your finances may be even more important. As an article from NerdWallet says:“Housing market trends give important context. But whether this is a good time to buy a house also depends on your financial...

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Safe Routes to School

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates.

Walking or biking to school gives children a sense of freedom and responsibility, allows them to enjoy the fresh air, and provides opportunities to get to know their neighborhood while arriving at school alert, refreshed, and ready to start their day. Our Safe Route to School Initiative encompasses routes and techniques to encourage children of all ages to walk or bike to school!

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