Orlando Weekly Housing Market Report | Gold News/Bad News For Homebuyers

Orlando Housing Market Report

Good New/Bad News: Homebuyers received both good news and bad news this week. First the good news, FHA has lowered the rates for mandatory MIP insurance helping to decrease a borrower’s cost of caring for a loan. Now the bad news, mortgage rates continued to push higher closing in on the 7% rate mark. How will this affect the Orlando Housing Market?

Join Joseph Dionne of Appli Home Loans and I Thursday morning at ten o'clock as we look at the latest economic factors affecting the housing market. Is now the best time to buy before the spring influx of buyers? We will try to answer all these questions and more…or Check Link In Bio

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Joseph Dionne
Managing Partner
Appli Home Loans
www.applihl.com

Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

00:00 Introduction
00:34 FHA Lowers MIP Rates
04:02 VA Funding Fee Cut
06:36 Mortgage Rates Jump
10:04 Orlando Weekly Housing Numbers
13:29 Barry Habib is wrong
16:20 Low inventory Helping sellers
17:37 75% of Homeowners have rates 3% or below
20:07 Days on market still high
21:00 Buyers need to consider rate buy down

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Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.

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