Panama City, FL and Bay County, FL Housing Market Trending down
The housing market in Panama City, FL, and Bay County, FL, has shown some interesting signs. In May 2024, the median home sold price in Bay County was $399,742, which….
Tag: mortgage rates
What is Seller Financing?
Seller Financing @ Proxima Investors is a popular concept and tool for Home Sellers who can make an amazingly efficient sale and Homebuyers who don’t have to overcome the often….
ARMs causing more home sales in 2025?
Adjustable-Rate Mortgages (ARMs) and Potential Market Impact: Key Points: The Rise and Potential Fall of ARMs: Potential Consequences: Recommendations: Additional Information: Overall, the potential impact of ARMs on the real….
Dancing with the Devil
It’s only ironic that, once again, the average mortgage rate for a 30-year loan is 6.66%. Interest rates have been pretty stable in the last few weeks, despite a very….
Median Days On The Market in the US Housing Market + Prediction
According to the St. Louis Fed, the median days on the market for housing in the US was 61 days in December 2023 (MEDDAYONMARUS), which is an increase from 52 days in….
Borrowers still not aware of the impact of PMI
The cost of private mortgage insurance (PMI) for homebuyers still surprises many borrowers, if they ever become aware of it. It’s typically rolled into the monthly payment, and for many,….
21% think it’s a good time to buy a home (only!)
Soaring housing costs could affect the presidential election, especially among young liberals priced out of the housing market. Progressives urge action on the key issue to woo back key voters…..
Market Hopes for Fed Rate Cuts
Recent market speculation has been centered around the possibility of the Federal Reserve cutting interest rates. This anticipation stems from concerns about slowing economic growth and the potential impact of….
Mortgage Rates Now
Mortgage interest rates have been down over the past week, marking the fifth straight week of rates decreasing. This decline is promising for prospective homebuyers who need to buy now….