Builder Confidence in 55+ Housing Hits Record High

Written by Florida Condotel Mortrgage on October 29, 2020. Posted in Florida Condotel Mortgage.

Builders see home-sales gold in a sea of retiring boomers. In a 55+ Housing Market Index where 50 is an optimism-pessimism balance, the index rose to 83 in the 3Q. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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