Florida Mortgage | 2025 Housing Market Forecasts

Written by Boca Raton Mortgage Syndicated User on January 18, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates.

2025 Housing Market Forecasts | NMLS ID 1834853 The latest 2025 forecasts show mortgage rates are projected to come down slightly, prices are forecast to rise, and more homes will be available for sale. Want to know more about what this could mean for your plans this year? Contact us! #housingmarketforecasts #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgage

2025 Housing Market Forecasts

Written by Boca Raton Mortgage Syndicated User on January 18, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, Home Prices, Infographics, Mortgage Rates.

Some HighlightsWondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead.Mortgage rates are projected to come down slightly. Home prices are forecast to rise in most areas. And, there will be more homes available for sale.Want to know more about what this could mean for your plans this year? Connect with a local agent to discuss your 2025 goals.

One Homebuying Step You Don’t Want To Skip: Pre-Approval

Written by Boca Raton Mortgage Syndicated User on January 17, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Buyers, Home Prices.

There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval. Here’s a rundown of what it is and why it’s so important right now.What Is Pre-Approval?Pre-approval is like getting a green light from a lender. It lets you know how much they’re willing to let you borrow for a home. To determine that number, a lender looks at your financial history. According to Realtor.com, these are some of the documents a lender may ask you for during this process:W-2s from the last two yearsTax returns from the last two yearsPay stubs from the last 30 daysBank...

Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?

Written by Boca Raton Mortgage Syndicated User on January 16, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers.

Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are right now? Here’s some perspective that can help.The market actually isn’t at a standstill. While there weren’t as many sales last year as there’d be in a normal market, roughly 4.15 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise in 2025. That means more people will likely move this year, and they need homes to buy. Homes like yours.But even if we only match last year’s...

The Truth About Credit Scores and Buying a Home

Written by Boca Raton Mortgage Syndicated User on January 15, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, Buying Tips, For Buyers.

Your credit score plays a big role in the homebuying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back.The Myth: You Need To Have Perfect CreditAccording to Fannie Mae, only 32% of potential homebuyers have a good idea of what credit score lenders actually require. That means two-thirds of buyers don’t actually know what lenders are looking for – and most overestimate the minimum credit score needed.The Reality: Perfect Isn’t NecessaryBut...

Bright & Smart Robotics: 3D Design Dynamics

Written by Boca Raton Mortgage Syndicated User on January 14, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates.

Event date: January 14, 2025 Event Time: 05:15 PM – 06:15 PMLocation: 300 S Military TrailBOCA RATON, FL 33486Description:Unlock your child’s potential with engaging engineering adventures! Is your bright young mind ready to soar beyond the everyday? Dive into our dynamic class tailored for inquisitive older elementary school students. Here, they’ll partner up in duos to embark on a weekly voyage through cutting edge 3D printing and thrilling engineering challenges. Promotes estimation prowess, critical thinking, mathematics skills, active listening, and programming skills.

How Much Home Equity Have You Gained? The Answer Might Surprise You

Written by Boca Raton Mortgage Syndicated User on January 14, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, Equity, Home Prices.

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. And, if you’ve been in your house for a few years (or longer), there’s a good chance you’re sitting on a pile of equity — maybe even more than you realize.What Is Home Equity?Home equity is the difference between what your house is worth and what you owe on your mortgage. For example, if your house is worth $500,000 and you still owe $200,000 on your home loan, you have $300,000 in equity. It’s essentially the wealth you’ve built through homeownership....

How Mortgage Rates Affect Your Monthly Payment

Written by Boca Raton Mortgage Syndicated User on January 11, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, Infographics, Mortgage Rates.

Some HighlightsExperts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn’t try to time the market.Instead, it’s better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next home will too.Want to see what this looks like at a different price point? Connect with an agent or lender.

Bright & Smart Robotics: Technology & Me

Written by Boca Raton Mortgage Syndicated User on January 10, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates.

Event date: January 10, 2025 Event Time: 12:00 PM – 12:45 PMLocation: 300 S Military TrailBOCA RATON, FL 33486Description:Children make discoveries by building and designing their exceptional creations using Knex. Working in teams of two (parent & child), participants incorporate science and technology concepts to solve weekly engaging challenges. Parent/caregiver participation is required. Promotes attention to detail, building, and creativity.

Bright & Smart Homeschool: Mindstorm Madness-Brick & Code Creators

Written by Boca Raton Mortgage Syndicated User on January 10, 2025. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates.

Event date: January 10, 2025 Event Time: 01:00 PM – 03:00 PMLocation: 300 S Military TrailBOCA RATON, FL 33486Description:Participants will learn how to design, build, and code robots using Mindstorms Microprocessors. Working in teams of two, participants incorporate science and engineering concepts to solve weekly engaging Mindstorms challenges. Promotes, planning and problem-solving skills, teamwork, creativity, and technological skills.

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