Vero Beach Real Estate
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 […]
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 […]
The days of record low Vero Beach mortgage rates have apparently come to an end as fixed-mortgage rates hover around 4%. And while there are many saying that rising rates won't hurt the housing market, others are more concerned. Many analysts seem to agree that if Vero Beach mortgage rates rise much more above where they are now, affordability could […]
Vero Beach housing is facing what some financial experts call "very concerning circumstances" when it comes to rising mortgage rates. Peter Tchir of TF Market Advisors, a New York research, asset management, and consulting firm, puts it quite simply, "Rising rates are bad, particularly bad when it comes to one of the bright spots for the U.S. economy: housing." How […]
