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ARMS Are on the Rise as Interest Rates Soar
Facing higher home prices and rising interest rates, some buyers are now turning to adjustable-rate mortgages to bring down their costs, at least initially.
FORT LAUDERDALE, Fla. – As interest rates shoot up, some buyers are turning to a different, and slightly more risky type of mortgage.
Positive Factors Affecting the Bonita Springs- Estero Real Estate Market
The SWFL area is seeing less frenzy and more balance (https://www.bonitaesterorealtors.com/)
BONITA SPRINGS, Fla. (August 24, 2022) – As long-time local brokers reflect on the post-pandemic real estate market, they are positively encouraged by the gradual market increase from 2019 to 2022.
The current market co...
Consumers Expect Inflation to Drop by Next Year
Fed survey: Consumers expect the annual inflation rate to be 5.7% a year from now, beating the 6.2% expectation in July - and they’re more optimistic about the future.
NEW YORK – Consumers expect prices to fall across most areas of spending, according to a recent survey from the Federal Reserve Bank of New York.
In the ...