Why Investing in Miami Properties is a Huge Win for Foreign Buyers – The Q Kapital Group In a survey of the Miami Herald and the miami-based polling company bendixen & Amandi International of Miami real estate investing experts, whereas the number of foreign investors is not necessarily dropping, the proportion and importance of local and out-of-state investors is increasing.
Florida Reverse Mortgage Companies Florida is among the top states in reverse mortgage origination. In fact, Miami topped the charts recently as the city with the most reverse mortgages. Even with the recent housing crisis, the boom that led up to the crash resulted in a lot of Florida seniors becoming house rich.
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Low Loan Rates Two From Freddie Mac’s weekly survey: The 30-year fixed rate averaged 3.73%, down 11 basis points from last week, the lowest its been since November 2016. The 15-year fixed rate averaged 3.16%, down 9.
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West Villages President Paul Erhardt also expects demand to endure: “In parallel to Florida’s strong housing market. so the drop in mortgage rates should stem or even reverse the slide in home.
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“The fact is a home is still the largest balance sheet asset for the average American,” said Michael Anderson, a partner and senior wealth manager at True North Advisors in Dallas. to clients that.
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Rob is a Certified Senior Advisor and licensed (319804) as a Reverse Mortgage Originator in the state of Florida. In addition to his professional endeavors, Rob is a dedicated husband to his wife of 29 years, Kerrylynn Wyatt, a registered nurse. They are proud parents of two daughters now in college.