Millennials Stress as Economy Undermines Their Ownership Goals

Written by Florida Condotel Mortrgage on August 30, 2021. Posted in Florida Condotel Mortgage.

Many millennials saved a partial down payment and could visualize being a homeowner until rising rents and surging home prices kicked the ball farther away. #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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