6/26/26 - Interest Rates & Market Update
Posted by Lorraine Gatti on
6/26/26 - Mortgage Rate Update
Staying informed about mortgage trends is an important part of making confident real estate decisions. Below is the latest rate update from a trusted mortgage professional I have worked with for more than 20 years, Joey Parker.
Joey is a highly respected local mortgage expert, and my team and I have been successfully referring clients to him for 20 years. Knowing which developments qualify for specific mortgage programs is an essential part of the home purchase process, helping buyers save time and avoid costly regrets. Below is the most recent snapshot of purchase rates and some special programs. Mortgages today are not just conventional, FHA and VA; there are many different types, and we will help find the best one…
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Predictions are flying about what to expect from the 2022 housing market. Here is a concise article from Bankrate on the 2022 National Market Outlook and anticipated trends. The five summary points in the article are:
Windemere Condominiums in Perdido Key, Florida recently underwent a massive renovation. This development has been provided a major facelift to the tune of over $5,000,000, and virtually every inch of Windemere has been upgraded and brought to the highest of building standards. At the same time, because of the addition of hurricane protective materials, such as windows, and doors, reduced insurance costs for owners led to a thirty percent reduction in condo dues as of January 2014.
If you're planning to buy a condo in Orange Beach or Gulf Shores, Alabama, there are certainly many fantastic options to choose from! Each building will have a different combination of recreational amenities and features, its own unique views, and various degrees of waterfront and beach access. If you are downsizing or retiring, or maybe buying a condo as a rental investment property, here are a few important things to know and review as a smart condo buyer!