Buyers’ Biggest Hurdle in June? Lack of Inventory

Written by Florida Condotel Mortrgage on July 2, 2020. Posted in Florida Condotel Mortgage.

Today’s buyers have 27.4% fewer homes to choose from than they did one year ago, though in Fla. it ranges from 31.4% near Tampa to 9.4% in South Fla. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary 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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