The Veterans’ Administration removed the price cap on VA mortgages on January 1st. That means if you’re a vet, you may qualify for a zero-down mortgage, with no limit on the price of the home. Due to the ballooning costs of single-family homes and condos around the U.S., veterans no longer have a price cap[…]
30 year mortgage interest rates hit a three year low – 3.49%. If you’ve been thinking about buying a home, this is an opportunity you might not want to miss! Whether you’re a first-time purchaser or wanting to sell and purchase a new home, we can help. Thinking about investing, we can help with that[…]
Have you ever wondered just what the difference is between a Conventional, FHA, USDA and VA loan? We broke down the information for each one, and what you’d expect to pay for a $200,000 loan with a 30 year fixed interest rate. # 1 – Conventional Loan Conventional loans are the easiest to remember because[…]
We left 2015 with a median home price of $185,000. In January median home prices went down about 4% at $176,500. Compared to this time last year the median price has increased 14%, and it has increased steadily for the past 54 months. Orlando’s inventory remains lean which has affected sales, and traditionally at this[…]