Vero Beach mortgage rules may be about to take a big change, and the jury is still out as to whether it could be bad for the mortgage industry in the long haul. If changes announced recently by Fannie Mae catch on, the process of having to fork over your pay stubs could go the way of 8-track tapes and […]
Vero Beach Housing Bubble – Can it Happen Again?
Indirectly addressing concerns that the current Vero Beach housing market — among others across the nation — is destined to suffer the woes of the housing collapse of less than a decade ago, Former Federal Reserve Chair Ben Bernanke recently shared his thoughts on the subject. Has Vero Beach Housing Learned a Lesson? Bernanke said there were a number of […]
5 Vero Beach Home Buying Fears
Whether it's the fear of the unknown or the fear of discovering a problem, some Vero Beach home buying prospects are hesitant to enter the market. Sometimes the fears are justified, and when they are there are steps you can take to alleviate them. Facing Vero Beach Home Buying Fears Head On Fear of a cracked foundation, leaky roof or […]
Vero Beach Home Improvement: Fueled by Refi’s?
Many Vero Beach home improvement projects are taking shape thanks to rising home values. There’s probably no greater investment opportunity over the long run than the growth in real estate equity. As a result, many homeowners are taking advantage of the opportunity to use that equity to fund home improvements by refinancing their mortgages. Why is the Vero Beach Home […]
Vero Beach Mortgage Rates May Still Rise in 2015
Vero Beach mortgage rates could still be on the uptick despite conflicting economic indicators. Vero Beach Federal Reserve President Dennis Lockhart, a highly-respected voting member on the Fed’s monetary policy committee, said there is "more downside risk" to the U.S. economy as a result of an international slowdown and stagnation in addition to the nation’s most recent disappointing jobs report. Lockhart […]
Student Loan Debt Affects Vero Beach Home Buying
The Vero Beach home buying market has been impacted by many potential first-time home buyers wrestling with repaying student loans. A recent BankRate.com survey revealed that young adults who would otherwise be prospective home buyers shelved their home search until their student debt is either reduced significantly or paid entirely. To make matters worse, many of these first-time buyers are […]
Vero Beach Home Selling Tips: Set the Stage
It’s important to note a few critical Vero Beach home selling tips when getting ready to put your house on the market. Real estate experts say home staging can be extremely important in the appeal to prospective buyers. Keep these suggestions in mind for the best results: Proven Vero Beach Home Selling Recommendations Think of Your Home as a Movie […]
Vero Beach Mortgage Rules to Protect Consumers
The Vero Beach mortgage industry now has new regulations in effect designed for lenders to be more transparent in their dealings with borrowers. The areas of reform are aimed at simplifying and streamlining some of the consumer disclosure documents in order to make it easier for borrowers to understand various lending programs. Vero Beach Mortgage Rules Change: Know Before You Owe […]
Vero Beach Flood Insurance: Does Everyone Need It?
Vero Beach flood insurance is something some people might say is a waste of money, but floods are obviously quite common in low lying areas that are surrounded by water. In these areas, not having Vero Beach flood insurance is like playing financial Russian Roulette in the event of a serious storm. Just look at what happened statewide in South […]
Fed’s Impact on Vero Beach Housing
Vero Beach housing is obviously affected by interest rates, and recently, the much anticipated rate hike by the Federal Reserve was once again put on hold because Fed Chairwoman Janet Yellen said she thinks the housing market is still not where it needs to be. Jeff Taylor of Digital Risk appeared on Fox Business News after Yellen's comments about the […]