Vero Beach Real Estate
Since the mortgage crisis when loans became almost impossible to obtain, Vero Beach mortgage lenders have begun to loosen standards again. This begs to ask the question, will lenders ever learn their lesson from loose lending practices? Recently, the Federal Housing Administration (FHA) announced changes they hope will encourage banks to give more home loans to worthy but weaker borrowers. […]
We're betting you thought lower Vero Beach gas prices could only mean positive things for the economy, right? If you're in the market for a home mortgage, Vero Beach gas prices could be having an effect on the rate you can get. How Vero Beach Gas Prices Affect Mortgage Rates Believe it or not, oil investments and Vero Beach gas […]
Saving up to buy a Vero Beach home might not be as much of a challenge as it used to be, now that the Federal Housing Finance Agency (FHFA) will allow some first-time homebuyers to make down payments of as little as 3 percent on Vero Beach mortgages. Why Down Payments on Vero Beach Mortgages Are Going Lower The goal […]
Mortgage giants Fannie Mae and Freddie Mac announced recently that first-time Vero Beach homebuyers may be seeing a game changer with lower 3 percent down payment requirements. This is designed to expand credit for qualified home shoppers who may have been sidelined the last few years because of higher down-payment requirements. A recent examination of what’s holding back Vero Beach […]
According to the latest forecast from Freddie Mac's economists, Vero Beach mortgage rates are expected to hit 5 percent for a 30-year fixed rate loan in 2015. Expect to see interest rates climb throughout 2015, with yields on the 10-year Treasury averaging about 2.9 percentage points, up from about 2.6 percentage points in 2014, and 30-year fixed Vero Beach mortgage […]
