Why Mortgage Rates Could Continue To Decline

Written by St. Augustine Mortgage Syndicated User on December 20, 2023. Posted in Housing Market Updates, Interest Rates, St. Augustine, St. Augustine Mortgage.

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know.The Federal Funds Rate Hikes Have StalledOne of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with mortgage rates, it does have an impact.Recently inflation has started to cool, a signal those...

Expert Quotes on the 2024 Housing Market Forecast

Written by St. Augustine Mortgage Syndicated User on December 19, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, St. Augustine, St. Augustine Mortgage.

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But what’s on the horizon for the new year?The good news is, many experts are optimistic we’ve turned a corner and are headed in a positive direction.Mortgage Rates Expected To EaseRecently, mortgage rates have started to come back down. This has offered hope to buyers dealing with affordability...

Tidal Flooding Mitigation – South Davis Shores

Written by St. Augustine Mortgage Syndicated User on December 19, 2023. Posted in St. Augustine, St. Augustine Mortgage.

Get more information on the action the City is taking place to reduce the amount of Tidal Flooding.

South Davis Shores Resiliency Study for Tidal Flooding Mitigation

Written by St. Augustine Mortgage Syndicated User on December 19, 2023. Posted in St. Augustine, St. Augustine Mortgage.

South Davis Shores Neighborhood Drainage Project

Written by St. Augustine Mortgage Syndicated User on December 19, 2023. Posted in St. Augustine, St. Augustine Mortgage.

Why Now Is Still a Great Time To Sell Your House

Written by St. Augustine Mortgage Syndicated User on December 18, 2023. Posted in For Sellers, Housing Market Updates, Selling Myths, St. Augustine, St. Augustine Mortgage.

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn’t as frenzied as it was during the ‘unicorn’ years when buyer demand was through the roof, mortgage rates were historically low, and home values rose like we’ve never seen before. But that doesn’t mean the market is at a standstill.Nationally, demand is still high compared to the last normal years in the housing market and plenty of buyers are making moves right now. Here’s the data to prove it.Showing Traffic Is UpThe ShowingTime...

What You Need To Know About Down Payments [INFOGRAPHIC]

Written by St. Augustine Mortgage Syndicated User on December 15, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, St. Augustine, St. Augustine Mortgage.

Some HighlightsIf you want to buy a home, you may not need as much for your down payment as you think.There are various loan options for qualified buyers with down payments as low as 3.5% or even no down payment requirement. There are also thousands of programs available to help homebuyers with their down payments.With the right resources, your down payment may be more within reach than you realize. Talk to a local real estate expert to learn more about your options.

Need a New Water / Sewer Tap?

Written by St. Augustine Mortgage Syndicated User on December 15, 2023. Posted in St. Augustine, St. Augustine Mortgage.

Access the appropriate form for if you need a new water or sewer tap.

Water/Sewer Tap Availability Request

Written by St. Augustine Mortgage Syndicated User on December 15, 2023. Posted in St. Augustine, St. Augustine Mortgage.

Fill out this form to request availability of water and sewer for new utility installations, or to inquire about changing the use of a building for commercial or business purposes.

If Your House Hasn’t Sold Yet, It May Be Overpriced

Written by St. Augustine Mortgage Syndicated User on December 14, 2023. Posted in For Sellers, Selling Myths, St. Augustine, St. Augustine Mortgage.

Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options than they usually would, so your house should be an oasis in an inventory desert.So, if homebuyers have limited choices and your house still hasn’t sold, there’s a reason why. Let’s break one potential sticking point that may be turning buyers away: your asking price.Especially with today’s higher mortgage rates already...

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