When couples these days head out to buy a Vero Beach home, often times, down payment is the biggest hurdle. Most young people starting out today have not worked long enough to save to buy a house, even if they can swing the monthly payments. Loans from family members can cause problems however, and financial experts warn against it. Lenders […]
Mortgage Scams Can Be Prevented
When times get tough, it seems the scammers come out of the woodwork. Now there are several emerging mortgage scams hitting people where it hurts. This one particular scam is a cash stealing system. It preys and targets vulnerable homeowners when they're at their weakest point and feel like they're cornered with nowhere to turn. If you're behind on your mortgage, […]
Why Choose a VA Loan to Buy a Vero Beach Home?
A VA Loan helps service members, veterans and eligible surviving spouses become Vero Beach homeowners. It does this by providing a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a Vero Beach home for your own personal occupancy. The Vero Beach home you're considering must undergo a VA appraisal and meet […]
What You Need to Know About Rising Mortgage Rates
By now, unless you've been living in a closet for the past few weeks, you already know that mortgage rates have been inching up. If history is any indication, the recent spike in mortgage rates is going to have little to no impact on home prices, according to a new report from Fannie Mae. Whether you're planning to buy or […]
Rising Mortgage Rates and Low Inventory Equals Sellers Market
Mortgage rates are on the rise, and home buyers are trying to get in before they go higher. In the Vero Beach area, rising mortgage rates and low inventory are combining to drive up prices and turn things into a seller's market. CBS's Anthony Mason reports… Potential Vero Beach home buyers need to be vigilant in their home search, but […]