Orlando Real Estate Buzz Weekly Update

FHA Lowers Mortgage Insurance Premium Rates


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FHA Lowers Mortgage Insurance Premium | 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 [email protected]

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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Orlando Real Estate Buzz Weekly UpdateBy Brenden Rendo