Rent, Buy & Sell

JANUARY 20, 2023

Foreclosures and short sales may be enticing due to low offer prices, but they carry some risks and potentially higher costs. Shop around for the best mortgage rates. For example, the average sale price of a home from January to March 2007 was $322,100.

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Title search Short sale Title Fixed-rate mortgage 59

Marco Santarelli

AUGUST 5, 2020

The positive forecast is that there is expected a short-term bump in sales for late summer and early fall due to pent up buyer demand, fear of the pandemic reducing, and low mortgage rates. The 30-year fixed-rate averaged 3.57% in the first quarter of 2020, down from 4.62% one year ago. from one year ago.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Realty Biz

MARCH 21, 2023

Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage is 6.60% as of March 16. In 2009, distressed sales comprised 70% of Miami's sales.

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Sales MLS Short sale Residential 100

Realty Biz

DECEMBER 26, 2022

While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. In 2009, distressed sales comprised 70% of Miami's sales.

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Sales Short sale Residential Mortgages 92

Realty Biz

JUNE 24, 2022

On the same $300,000 mortgage, the monthly payment has risen from $1265 in December to $1800 today, according to NAR. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 5.23% in May, up from 4.98% in April. The mortgage rate is projected to land at 5.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 5, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

The percent of Las Vegas homeowners underwater on their mortgage is 7.2%, which is higher than Las Vegas-Henderson-Paradise Metro at 7.1%. The number of mortgage delinquencies in Nevada had reached its lowest point in years. Las Vegas Realtors reported that short sales and foreclosures combined accounted for 2.7%

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

JULY 23, 2022

Due to the crash, there may also be short sales and foreclosures, offering you the opportunity to acquire a deal. Many homebuyers may feel that obtaining a mortgage is too risky. Recessions are temporary pauses in an otherwise booming economy, but they have an impact on the housing market and interest rates. recessions.

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Mortgages Marketing Lending Equity 52

The Close

DECEMBER 29, 2022

It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. A convertible ARM is a mortgage with a much lower interest rate at the start of the loan, where the interest rate fluctuates during the life of the loan, usually every six months. Fixed-rate mortgage.

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Purchase and sale agreement Title Proof of funds Pre-approval 98