Dec 20, 2011 | BUYER'S ADVICE, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
The average 30-year mortgage rate is tied with the lowest rate on record- 3.94%, a record set in October. This means it’s a great time to refinance your current home or to purchase a new one. Rates in 2011 have been under 5% all year, with the exception of two...
Jan 26, 2011 | BUYER'S ADVICE, MIAMI REAL ESTATE
Last year, it made financial sense to rent instead of buy. This year, however, experts say it’s better to buy! Moody Analytics’ chief economist, Mark Zandi, says that by mid 2011 to the end of 2011, it will make more sense to buy in most parts of the...
Dec 1, 2010 | MIAMI REAL ESTATE
By refinancing your loan, you can lower your monthly payments. In order to be eligible to refinance you must be current in your payments, and cannot be underwater… and you need to have excellent credit. Whether you go through your existing lender or elsewhere,...
