What Do Experts See on the Horizon for the Second Half of the Year?

Written by The Villages FL Mortgage Syndicated User on June 30, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on the horizon? Mortgage Rates Will Likely Increase, but Remain Low Many experts are projecting a rise in interest rates. The latest Quarterly Forecast from Freddie Mac states: “We forecast that mortgage rates will continue to rise through the end of next year. We estimate the 30-year fixed mortgage...

What To Expect as Appraisal Gaps Grow

Written by The Villages FL Mortgage Syndicated User on June 29, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” While this is great news for today’s sellers, it can be tricky to navigate if the price of your contract doesn’t match up with the appraisal for the house. It’s called an appraisal gap, and it’s...

Save Time and Effort by Selling with an Agent

Written by The Villages FL Mortgage Syndicated User on June 28, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s one of the reasons why the percentage of people selling their own house has declined from 19% to 8% (See graph below):To help you understand just how much time and effort it takes to sell on your own, here’s a look at a few of the things you need to think about...

Homebuyers: Hang in There [INFOGRAPHIC]

Written by The Villages FL Mortgage Syndicated User on June 25, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

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Why Unprecedented Numbers Are Deciding to Retire Early: Can You Afford to Quit Too?

Written by The Villages FL Mortgage Syndicated User on June 24, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

The pandemic has changed the way many of us think about our time and it suddenly feels like the whole country — young and old — is contemplating retirement or a shift in their approach to work. It might be an understatement to say that the year in quarantine was really hard for some — in big and small ways. However, many are finding a silver lining in the form of a new mindset toward time and money that may promise a better way of life. For some, that means an immediate and complete retirement. Others are transitioning to a different type of work. Huge numbers of people are...

120 Big Ideas for What to Do in Retirement

You’ve probably spent at least a little time thinking about what to do in retirement. How will you fill your days? Where will you go? What will you do? With whom will you spend time? In retirement, you likely have more options for how to spend your time than ever before. And, you certainly don’t have to settle on only one goal, hobby or pursuit.Maybe you’ll pursue painting. Or perhaps skydiving is more up your alley. Think that’s crazy? Geraldine Watson did her first skydive at the age of 85, and loved it! Did she want to do it again? No. She had other dreams to pursue. Whether...

Demand for Vacation Homes Is Still Strong

The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more vacation destinations. The 2021 Vacation Home Counties Report from the National Association of Realtors (NAR) shows that this increase in vacation home sales continues in 2021. The report examines sales in counties where “vacant seasonal,...

The Surprising Age When Happiness Peaks (Hint: You Probably Aren’t Even There Yet)

body.k2 .right-rail-negative-margin {margin-top:-20px !important;} .nr_narrow_header {max-width: 640px;} You probably looked at your parents’ and grandparents’ retirement as times of slowing down. But, if you are in your 50s, 60s, and even 70s or 80s, I am willing to bet that is not how you feel about your own future. Nowadays, retirement is an exciting time to restart life. And, research firmly backs that these years will likely be your best ever. Surprising findings: The 2 ages when people are happiest This is likely to surprise you. I was kind of shocked. But, a few years...

Homeowner Wealth Increases Through Growing Equity This Year

Written by The Villages FL Mortgage Syndicated User on June 23, 2021. Posted in The Villages FL Mortgage, The Villages FL Mortgage Calculator, The Villages FL Mortgage Company, The Villages FL Mortgage Rates.

Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making monthly mortgage payments: “The principal portion that reduces the loan balance builds the homeowner’s equity. In doing so, the principal payments behave like an automatic savings account. The principal payment is not money going...

Category: The Villages FL Mortgage Calculator

What Do Experts See on the Horizon for the Second Half of the Year?

What To Expect as Appraisal Gaps Grow

Save Time and Effort by Selling with an Agent

Homebuyers: Hang in There [INFOGRAPHIC]

Why Unprecedented Numbers Are Deciding to Retire Early: Can You Afford to Quit Too?

120 Big Ideas for What to Do in Retirement

Demand for Vacation Homes Is Still Strong

The Surprising Age When Happiness Peaks (Hint: You Probably Aren’t Even There Yet)

Homeowner Wealth Increases Through Growing Equity This Year

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