Vero Beach Real Estate
95 percent of Vero Beach homebuyers know that credit scores play a significant role when purchasing a home, and those who know their credit scores feel better prepared to buy. This recent data comes from a survey from Experian Consumer Services. In addition, 45 percent of future Vero Beach homebuyers say they have delayed buying a home in order to […]
There are some expensive Vero Beach mortgage mistakes you need to avoid at all costs. Scoring the best deal on a mortgage or refinancing involves shopping around. Yet 77 percent of borrowers applied for a loan with a single lender instead of checking out several to compare costs. A recent study by the Consumer Financial Protection Bureau indicated that people […]
Average Vero Beach mortgage rates followed 10-year Treasury yields higher and rose for the third consecutive week last week. At 3.85%, the average 30-year fixed-rate Vero Beach mortgage rate is just below the high for 2015. The 15-year fixed Vero Beach mortgage rates averaged 3.07% with an average 0.6 point last week, up from the previous week when it averaged […]
If you're looking to buy Vero Beach real estate in the next year, you might want to do so before higher interest rates make financing such big-ticket purchases a lot more expensive. The Federal Reserve, which controls the supply of U.S. dollars and short-term interest rates, has indicated that it could start raising rates as soon as June. Mortgage rates […]
The Federal Housing Administration (FHA) is exploring alternative credit scoring models for those seeking Vero Beach mortgages. The alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstance like medical debt. Many Unable to Obtain Vero Beach Mortgages Due to restrictive lending many of the qualified Vero Beach […]
