Make extra payments or split payments bi-weekly to reduce your mortgage term and save on interest. Refinancing to a shorter loan term can lower interest rates and speed up mortgage payoff....
Real Estate & Mortgage News
Mortgage rates for second homes are generally higher than for primary residences due to increased lender risk. As of February 2025, the average rate for a fixed 30-year mortgage is 6.51%, down 20 basis points from the previous month. Factors influencing these rates include market trends, borrower credit profiles, and property location. To secure favorable rates, potential buyers should improve their...
Home inspections provide valuable insights into a property’s condition, preventing unexpected issues after purchase.Inspections uncover hidden problems like structural damage, outdated systems, or environmental hazards....
Commercial Sublease Opportunity inside a high-traffic retail location in Sunny Isles Beach. This private 10x12 office features a stand-up shower, making it ideal for beauty, wellness, or medical use. Currently used as storage, it’s ready for transformation. Benefit from built-in foot traffic and exposure from the established business. Annual lease with option to...
Fully Furnished Rental – ALL Utilities Included! All ages are welcome! Enjoy this 2-bed, 2-bath fully furnished corner unit in the gated Inverwood Condominium. This bright, open-layout condo features a private screened-in patio with serene green views—perfect for morning coffee or evening wine. ALL utilities included: Electricity, Internet, Cable TV, &...
Since taking office, President Trump has implemented various tariffs affecting global trade and the U.S. economy. The effective tariff rate is projected to peak at 12% in Q2-2025, with significant tariffs on imports from China, Mexico, and Canada. The construction industry faces rising material costs, particularly for steel and aluminum, which could delay or cancel projects. While some sectors may...
Florida's "Condo 3.0" law mandates stricter maintenance, increasing costs for condo owners, especially in older buildings.Many aging condos face high repair costs or demolition, making way for new luxury developments....
GOBankingRates analyzed all 50 states to identify the least affordable states for families in 2025, revealing that Hawaii, California, Florida, and Arizona ranked among the top. The analysis considered median household incomes, cost-of-living indexes, home values, and average monthly mortgage costs. Key findings included a median household income of $98,317 and an average single-family home value of...
GOBankingRates analyzed the cost of living across all 50 states, revealing significant variations influenced by inflation and rising living costs. The study assessed housing, utilities, groceries, healthcare, transportation, and miscellaneous expenses. The average annual cost of living is $68,006, with rankings indicating the cheapest states. The methodology involved data from the Missouri Economic...
Spacious 2-bed, 1.5-bath townhome in River Club Townhouse Condo, along the Miami River! Features an open living & dining area, updated kitchen, private fenced yard with astro turf & large porch. Includes 1 assigned + 1 guest parking. Investor-friendly: Rent immediately, corporate ownership OK! Prime location: Minutes to River Landing Shops, Sewell Park,...