Mortgage Biz of Florida Blog Post Want more spending money

How Can Mortgage Refinance Unlock Hundreds of Dollars in Savings?

[vc_row][vc_column width=”1/1″][vc_column_text] Save Money by Refinancing Your Mortgage Loan [/vc_column_text][hcode_separator hcode_sep_style=”large”][vc_single_image image=”19591″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”img_link_large” img_link_target=”_blank”][hcode_separator hcode_sep_style=”large”][vc_column_text]Keep it simple, right? This infographic highlights 3 ways refinancing your mortgage loan could unlock savings for your household. Eliminate Monthly PMI Accelerate Your Equity Get a Lower Interest Rate What is PMI? BankRate provides Read more…

Mortgage Biz of Florida Blog Post Millenials driving first time homeownership

Millennials Driving First-Time Homeownership

First-time homebuyers, particularly the younger generation dubbed millennials, are getting off the sidelines and buying homes in greater numbers, the National Association of Realtors (NAR) says.

The share of home purchases by first-time buyers rose to 35 percent this year, which was up from a near 30-year low of 32 percent in 2015, according to NAR’s 2016 annual survey of buyers and sellers. Prior to this year’s results, the first-time homeownership share had fallen for three consecutive survey years.

One positive sign is that an increasing number of millennials in their late 20s and early 30s are getting better jobs, moving out of their parents’ homes and buying houses, said Jessica Lautz, managing director of NAR’s survey research and communication.

“Millennials are starting to age,” Lautz told Scotsman Guide News. “As they start to age, we could start to see more first-time homebuyers in the market.”


Mortgage Biz of Florida Blog Post Start saving for a home down payment

Start Saving for a Home Down Payment

Setting your sights on purchasing a home is a dream many aspire to achieve in live. With this great responsibility comes a bit of intimidation due to all the moving parts. No doubt there my be some intimidation,  this is probably the largest responsibility, aside from starting a family, that you will embark upon. To make sure you have a positive experience it is important to save ahead in a responsible manner. If saying for a down payment seems overwhelming, here are a few tips to get you started.