Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Written by Fort Walton Beach Mortgage Syndicated User on April 26, 2024. Posted in Affordability, Equity, Fort Walton Beach Mortgage, Infographics, Mortgage Fort Walton Beach, Move-Up.

Some HighlightsDid you know the equity you have in your current house can help make your move possible?Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, connect with a local real estate agent for a Professional Equity Assessment Report.

Is It Getting More Affordable To Buy a Home?

Written by Fort Walton Beach Mortgage Syndicated User on April 18, 2024. Posted in Affordability, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach.

Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says:“We’re slowly climbing our way out of an affordability hole, but we have a long way to go. Rates have come down from their peak and are expected to fall again by the end of the year, which should make homebuying a little more affordable and incentivize buyers to come off the sidelines.”Here’s...