According to Florida Realtors® research, our single family housing inventory continued to grow in November. Sellers have had a market advantage for an extended period of time. Now we are moving toward a neutral market.
Lower costs are coming for homebuyers seeking a Federal Housing Administration-insured (FHA) mortgage.
FHA has announced that it's cutting annual premiums for mortgage insurance from 0.85 percent to 0.60 percent, a move the National Association of Realtors® (NAR) says breathes new life into the program. With FHA loans, buyers pay mortgage insurance to protect FHA's funding in exchange for down payments as low as 3 percent.
2215 North Military Trail, Suite 100
West Palm Beach, FL 33409
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Phone: 561.689.6339
Mail: kemia729@gmail.com
Web: http://www.gowpb.com/