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Home Affordability Sinks For The First Time In 12 Months

Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.

Posted in: Coral Springs, Coral Springs FL, Coral Springs Homes, Coral Springs Real Estate, FL, Florida, Heron Bay, Home Values, Housing Analysis, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida Tagged: HOI, Home Affordability, NAHB

Home Purchasing Power Jumps To New Highs

With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.

Posted in: Budgeting, Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, Coral Springs Real Estate, FL, Florida, Heron Bay, Home Values, Margate, Mortgage Rates, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, Personal Finance, South Florida, Tamarac Tagged: Home Affordability, Home Values, Mortgage Rates

Mortgage Payments Fall To All-Time Lows

Today’s mortgage rates are a bargain as compared to just 1 year ago.

Posted in: Budgeting, Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Home Values, Margate, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida, Tamarac Tagged: Freddie Mac, Home Affordability, Mortgage Payments

30-Year Fixed Rate Mortgage Rates Fall To 3.78% Nationwide

For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.

Posted in: Budgeting, Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, FHA Mortgages, FL, Florida, Heron Bay, Home Values, Margate, Mortgage Guidelines, Mortgage Rates, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida, Tamarac Tagged: Freddie Mac, Home Affordability, PMMS

Home Affordability Reaches New High In Q1 2012

Never before in recorded history have so many homes been affordable to households earning a moderate annual income.

Posted in: Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Home Values, Housing Analysis, Margate, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida, Tamarac Tagged: HOI, Home Affordability, NAHB

Make A Mortgage Rate Plan Ahead Of The Jobs Report

Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.

Posted in: Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, FHA Mortgages, FL, Florida, Heron Bay, Jobs, Margate, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida, Tamarac, The Economy Tagged: Home Affordability, Jobs Report, Non-Farm Payrolls

Mortgage Rates Fall Back Below 4%

After a brief run-up two weeks ago, mortgage rates are back below 4 percent.

Posted in: Budgeting, Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida Tagged: Discount Points, Freddie Mac, Home Affordability

Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

Posted in: Budgeting, Existing Home Sales, FL, Florida, Home Values, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida, The Economy Tagged: Census Bureau, Home Affordability, Retail Sales

Home Affordability Reaches An All-Time High

Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.

Posted in: Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Housing Analysis, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, South Florida, Statistics Tagged: Home Affordability, Home Opportunity Index, NAHB

With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.

Posted in: FL, Florida, Housing Analysis, Jobs, Mortgage Rates, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, Retail Sales, Retail Sales Data, South Florida, The Economy Tagged: Home Affordability, Retail Sales, Survey of Consumers

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

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5691 Coral Ridge Drive
Coral Springs, FL 33076

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