mortgagerates: U.S. Housing Inventory Hits a New Low… List Your House TODAY! - 07/25/17 04:05 AM

U.S. Housing Inventory Hits a New Low… List Your House TODAY!Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.
Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is … (0 comments)

mortgagerates: Housing Market Expected to “Spring Forward” - 03/09/17 01:56 PM

Housing Market Expected to “Spring Forward” Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.
Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.
That hasn’t happened this year. … (0 comments)

mortgagerates: Continuing Low Mortgage Rates May Tempt Jupiter Homebuyers - 09/21/14 11:40 AM

Continuing Low Mortgage Rates May Tempt Jupiter Homebuyers Local homeowners are among the keenest observers of Jupiter mortgage rates because they are such a large factor in the long-term investment that is their house. It’s the factor that determines if and when refinancing makes sense; the factor that plays a large part in heating (or cooling) the overall Jupiter real estate market.
For the most part, home buyers simply accept the mortgage rate in Jupiter that happens to be currently offered when they decide buy a Jupiter home. The timing of their purchase is generally triggered by their own financial … (0 comments)

mortgagerates: Credit Score Changes Could Spur Palm Beach County Mortgage Activity - 08/20/14 05:51 PM

Credit Score Changes Could Spur Palm Beach County Mortgage Activity For any Jupiter resident who has ever been stymied by seemingly arbitrary (or, put another way, nutty) lowering of his or her all-important credit score, next month’s beginning rollout of Fair Isaac’s new credit score model should be welcome news. It will be known as “FICO 9”—and promises to correct a few of the previous model’s inadequacies.
Why now? It’s been six years since San Jose’s Fair Isaac Co. last tinkered with their credit score methodology. Hmmmm… it’s been six years, too since the financial crisis of 2007-08, which Wikipedia … (1 comments)

mortgagerates: Today’s Jupiter New Home Choice Should Also be Tomorrow’s! - 08/14/14 04:39 PM

Today’s Jupiter New Home Choice Should Also be Tomorrow’s! “At the end of the day...” “The bottom line…” “When all is said and done…”
The final verdict on whether any activity is ultimately deemed a triumph comes down to how successfully it addresses future circumstances. It’s especially relevant when you find yourself at the outset of searching for a new Jupiter home.
That’s not always as easy as you might think. The pressures of the moment (especially when the change of residence is mandated by outside factors—like a job transfer or quickly approaching school registration deadline) - can loom so … (0 comments)

 
Christian Penner, Mortgage Broker Owner - 561-316-6800 | 561-373-098 (America’s Mortgage Solutions | The Christian Penner Mortgage Team)

Christian Penner

Mortgage Broker Owner - 561-316-6800 | 561-373-098

West Palm Beach, FL

More about me…

America’s Mortgage Solutions | The Christian Penner Mortgage Team

Address: 712 US Highway One , Suite 300, North Palm Beach, FL, 33408

Mobile: (561) 373-0987



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