Coronavirus Boosts Housing Stress in Black, Hispanic Populations

Written by Florida Condotel Mortrgage on August 12, 2020. Posted in Florida Condotel Mortgage.

Census Bureau data finds that pandemic-caused housing stress hit minority populations hardest – 1 out of 5 owners had a problem paying June’s rent or mortgage. #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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