July Market Report Shows Sellers & Buyers Adjusting to a New Normal The buying frenzy the Naples housing market experienced during the past year has simmered and is being replaced with what brokers say will…
Month: August 2021
Mortgage Refinance Fee Removed
Elimination of the adverse market refinance fee is a reality and refinancing going forward will be much less expensive for homeowners. This elimination of this fee started August 1, 2021…
Moderate Inflation
Investors were concerned with the CPI inflation report in a week that bore little fruit for data about the economy. There was little to no change for these numbers as…
Mortgage Amortizations, 15 or 30 year?
Whether you are buying a home or you are refinancing, one of the important decisions you will have to make is your loan term. For most borrowers, a fixed-rate loan…
Condotel explained by a specialist in Naples, Cape Coral and Fort Myers Mortgages
Many people are surprised when they find out the home they are considering purchasing is a condotel. These units are specifically classified and require a non-warrantable condo mortgage. However, a…
Pitfalls in Mortgage Refinancing, Naples and Fort Myers
Homeowners have various reasons for wanting to refinance their mortgages. There are some pitfalls that should be avoided if you are considering refinancing. Some problems are out of the control…