Spring is the prime season to shop for a home. The rise in temperatures is making the heating up the South Florida housing market. Mortgage applications are up as people look for home loans in Davie.
Let Ace Mortgage Loan Corp help you find loans in Davie
Home buyers are trying to act fast because mortgage rates are on the rise. Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Floridians this spring. While low by historical standards, long-term mortgage rates are rising this year. The average weekly rate on a 30-year fixed-rate mortgage edged is now more than 4 percent.
While it doesn’t sound like much, an extra half percentage point can increase monthly payments and tack on tens of thousands of dollars extra in interest over the life of the typical 30-year loan. Knowing when to apply for your loan can save you lots of money. Our home loans experts can help you determine which mortgage is best for your budget.
Higher mortgage rates, combined with a low housing inventory, is expected to weigh on the housing market this year, with several housing experts forecasting home sales will be flat or only slightly higher than in 2017. Our experts know how to navigate the complicated real estate market to help you buy the house you love or refinance the home you already own.
When it comes to choosing a home loan in Davie, you want someone on your team who creates at satisfying customer experience and who recommends loans that meet your financial goals. Ace Mortgage Loan Corp understands the home financing process inside and out—we’ve helped people achieve the American dream since 1996. We are committed to meeting your needs and exceeding your expectations. Call us today.