Chairman of the Federal Reserve System (Fed) Jerome Powell was the center of focus this past week as financial players awaited upcoming Fed policy recommendations. However, he has not presented…
Category: Marco Island Mortgage News
Importance of a home inspection
Many home buyers think that home inspections are automatic and requested by lenders. Oftentimes, this is not the case, in fact, most lenders do not require a home inspection unless…
Hidden Costs of Home Ownership
There is little doubt that when you are saving money to buy a home, one consideration is the overall cost of the home and what rate of interest you are…
Florida Flood Insurance
Florida residents are often plagued with tropical storms and hurricanes. Several areas of Florida fall into areas known as flood zones, meaning that lenders will require homeowner’s to carry flood…
A Variable or Fixed Rate Mortgage?
Whether you are purchasing a home or refinancing a home, you will be faced with several decisions. One of these decisions is whether to apply for a variable rate (or…
Investors Watch Covid Impact Closely
Despite significant economic news this week, investors saw little reason to change their outlook for economic growth, remaining increasingly concerned over the effect of the pandemic on consumer behavior. Retail…