The Downside to Low Mortgage Rates? Tight Inventory

Written by Florida Condotel Mortrgage on July 20, 2020. Posted in Florida Condotel Mortgage.

Homeowners with rock-bottom mortgage rates move less to avoid losing their great financing – but it could make today’s listing inventory problem a decade-long event. #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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