Tag: mortgage rates

1. Home Buying 101: Today’s Mortgage Rates and What They Mean for You

   By Highland Homes | Published October 12, 2018

   

   Affording the Florida new home of your dreams is about more than just the price. Mortgage interest rates play a significant role in determining your mortgage payment, which directly affects not only your qualification but your pocketbook every month! You may have heard interest rates are on the rise. While it is true rates are Read more…

2. Home Buying 101: Home Affordability Better Now than 1985-2000

   By Highland Homes | Published July 12, 2018

   

   Rising home prices have some worried about home affordability, but the price is only part of the puzzle. Mortgage interest rates play a significant role in determining the total amount of your monthly payment and how much house you can afford. If you’re unfamiliar with how interest rates may affect your mortgage payment, know that Read more…

3. Home Buying 101: How Does the Federal Reserve Rate Hike Affect You?

   By Carise Pernell | Published December 15, 2016

   

   Yesterday, the Federal Reserve announced its decision to raise short-term interest rates for the first time in 2016, and just the second time this decade. If you are considering buying a new home in Florida, you may be wondering just what this means for you. First, understand the short-term rate is not the same as Read more…