The Vero Beach mortgage lending market experienced something unusual in the past sixty days. The Federal Reserve raised the interest rate back in December 2015. Since that time, mortgage interest rates have dropped to their lowest level in three years! Most economists and mortgage lenders pointed out at the time that an increase in the Fed Funds rate wouldn’t necessarily translate to an […]
Vero Beach Economy Sees Growth in Senior Debt
The Vero Beach economy is full of them –– older Americans who collectively have more debt than ever before. Baby boomers who've lived in the generation of rising housing prices, more expensive cars, and the staggering cost of higher education, now find themselves nearing retirement owing money. Recent data released by the Federal Reserve Bank of New York says the […]
Vero Beach Homeowners Insurance: Time to Review?
Vero Beach homeowners insurance on your home can be complex. Because homeowners' needs vary, so do coverages in a home insurance policy. You should take the time to read your policy. Know what's covered and what's not. Vero Beach Homeowners Insurance: What You Should Know Most people assume they're covered by most catastrophic events like fires or tornadoes. But what […]
Vero Beach Credit Repair: What You May Not Know
Vero Beach credit repair is very important these days. Good credit can ensure you get a preferred interest rate when you borrow and it's important to landlords when you rent. Insurance companies and prospective employers are using credit scores more and more. Because it's such a hot topic, if you have credit blemishes or bad credit, getting that fixed is […]
5 Vero Beach Home Buying Deal-breakers
Your Vero Beach home buying dream is within reach. You've found a home you really like, but suddenly something's just not right. What do you do? That depends, of course, on what the issue is – and just how badly you want the home. Here are five potential problems worth thinking about before you make a mistake. Vero Beach Home Buying: […]
Tips for Vero Beach Tax Returns
It's almost time for filing Vero Beach tax returns and the IRS would like you to be aware of some changes before you file your 2015 returns. First, due to the Emancipation Day federal holiday in Washington, DC the filing deadline will be Monday, April 18th this year. When you do get ready to file, consider this. Filing Vero Beach […]
Vero Beach Home Buying: Pulling Heartstrings?
Vero Beach home buying is competitive. Jockeying for position has some purchasers using a bold new tactic: personal letters sent to the seller of the home they want. Let's look at why this phenomenon exists –- and whether it's right for you. Vero Beach Home Buying Becomes Personal Most real estate agents agree it's rare today for buyers and sellers to meet during […]
Vero Beach Home Selling Issues – Buyer Beware
The Vero Beach home selling arena can be an unsavory and downright scary place sometimes. Especially if you discover your home has issues that could have been avoided before you bought it. While most home sellers and their agents are respectable and above-board, there are those who aren't. Here are four problems some sellers often try to hide from unsuspecting buyers. […]
Vero Beach Homeowners Refinance for Cash
Vero Beach homeowners are enjoying higher home values and are using their equity to take cash out of their properties by refinancing. Surprisingly, however, they are doing it conservatively –– more than any other time in recent history. A closer look reveals why that may be the case. "Take Only What You Need" – Vero Beach Homeowners In earlier times, such […]
Vero Beach Economy Lags
Growth in the Vero Beach economy was sluggish during the last quarter of 2015, contributing to the overall U.S. economy which ended with a 0.7% annual rate. Economists say the slowdown was due, in part, to cautious consumer spending, reduction in businesses making investments and stagnant exports to other parts of the world. Vero Beach Economy: What's Ahead? While the fourth quarter […]