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The LATEST Miami Real Estate Market Report - Q4 2023: A very insightful and thorough analysis of the past year's real estate outcomes, as well as the 2024 outlook. The 10 year forecast predicts continual growth for Florida as the country's leading economic market, along with Texas. ISG World Craig Studnicky News Highlights: - Mortgage rates are continually decreasing - Single family homes continue to appreciate, 2023 was record breaking - Condo supply inventory will be increasing, more people moving to SoFlo - Developers are going vertical in 2024 - Get in touch with us regarding construction insurance Construction Risk Partners #realestate #marketreport #realestateinsights #commercialinsurance #riskmanagement #insurance #southfloridarealestate #insights #floridarealestate #surety #buildersrisk #miamirealestate Florida still proves to be the most active market in the U.S. https://lnkd.in/eWRXK3rb

With 75% of RBC’s mortgage portfolio due for a renewal over the next 3 years, Many more Canadians are going to feel the impact of higher rates. RBC (Canada's largest Bank) has mortgages with interest rates between 3.10 - 3.60% in its portfolio that are now up for renewal starting in 2024. With current rates now averaging between 5.80% and 7.5%, many Canadians will see higher mortgage rates when they renew. Here are some ways to prepare for your renewal: 1. Review your renewal statement: your lender has to provide you with a statement at least 21 days before your existing term ends if they want to renew or not renew your mortgage. Some lenders will send a statement 4 months or more before your term ends. 2. Understand What you want from your mortgage: Time has changed since you signed on for a mortgage. Do you need lower rates? Do you want to change your payment frequency? Do you want to switch lenders? 3. Shop Around: There are more lenders and more mortgage solutions out there than you know. When it comes to renewals, talk to a mortgage agent like myself to know about what solutions you have. Here’s a link to set up a virtual call with me: https://lnkd.in/gRaf63vZ Here’s a link to my digital business card that has my contact information: https://lnkd.in/gpztJExb Follow me on instagram: https://lnkd.in/eiKbrndG Here’s a link to an article that speaks more about RBC’s upcoming Mortgage Renewal: https://lnkd.in/gfUcQ3ww I'm here to support you finding your property🏡 🏢. Edward "Eddie" Manso Mortgage Agent Level 1 Swivel Mortgage Group Inc. FSRA #13569 #LinkupMonday #swivelmortgage #realestategta #mortgage #gtamortgage #realestatecanada #ontariorealestate #ontariohomes #ontariomortgages

Stoked for Eric Burba to be back at Guaranteed Rate listen in to why he did and why it's worth taking a look🔥 Reach out we'd love to show you how here you will double your business and your time in the first year so you can do all the other things you love to do! And grow exponentially from there💥 Jim Eboli RONALD BERGUM Scott G. Stephen #mortgage #loanofficer #housing #growth #housingmarket

Check out our very own Jordan Bucher, AMP on the latest episode of #mPact’s #WisdomWednesday with Ashley Yarabinec, CMB, AMP. She gives you some insight into what it was like as a young professional entering the industry and how she rose through the ranks, from professional development to how to stay top of mind with senior leaders. Listen in as Jordan explains how you can bring value as a young professional: https://bit.ly/3U4l6Ql.

If you're a realtor in my group then I'm happy to tell you that the training you're receiving can propel you much further to success. Learn to work directly with sellers and you will notice the difference. #REI #RealEstateInvesting #REIWealthMaven

Here's another client that is stuck, and One-Bank-Trapped. Client wants to unlock his portfolio, and get him more lending to purchase more rental properties. He owns his own home and 3 rental properties in Wellington, all with one bank. He said he has been turned down by his own bank, and few Mortage Advisers couldn't help last few years. I looked up his properties, and he hasn't purchased for almost a decade! That's a long time to be stuck! First thing I do is collect all the info from him, ie his salary income, rents for each rental, and loan statements to see: 1) how much lending he has got, 2) when the loans are due to be refixed, and at what rate, so that he doesn't incurr loss if he was to refinance and refix at a higher rate 3) remaining loan terms Very quickly I can see where he's stuck at: a) remaining loan terms are short, meaning when the bank calculates his debt servicing ability, the bank works on remaining loan term. Less loan term remaining, harder to get more loans! b) income is maxed, he can't just get a higher paying job in a hurry c) stuck with existing bank and doesn't meet this bank's lending criteria Plus he has grand plans to develop or add new dwellings on 2 of his existing rental properties! I worked out some numbers and concluded that: i) he can't buy more, but he can meet another bank's lending criteria by refinancing and extending loan terms ii) new rental income will support future construction lending AND retain this new lending going forward after construction loan finishes Even though he can't borrow more to buy more properties, he can get more funding to develop & add more dwellings on 2 of his properties. How cool is that?! My recommendations to him are: 1) Refinance to a new bank 2) Only use his home and 1 rental as security to new bank 3) Discharge 2 x rentals that he will develop in the future By freeing up the 2 development potential properties, I can get construction finance in the future when he has consents, drawings, and build contract ready. If you think you are stuck with your property portfolio, and wanting a second opinion, book a call with me here: https://lnkd.in/gGdMBN6Z I look forward to helping you unlocking your mortgage protential 😊 Gary Lin Mortgage Adviser Opes Mortgages 021 534 381 Gary.lin@Opes.co.nz

Join me and the rest of our industry leaders as we discuss the topics and trends affecting the Commercial Mortgage Banking Industry.

Introduction to 203k Loans 🏠🔨 What is a 203k Loan and How Can It Benefit You? Are you dreaming of buying a home that needs a little TLC? A 203k loan might be your golden ticket! 🌟 It combines the purchase price and renovation costs into a single mortgage. Imagine transforming an outdated kitchen or fixing that old roof without the financial headache! 🛠️💡 ✅ Great for first-time home buyers! ✅ Expand your home search with more options! Curious to learn more? Click the link to explore how a 203k loan can turn your fixer-upper into your dream home! https://lnkd.in/ey4Te_g5

5.0 star review received on Experience.com for Aaron Page by Wilfredo C R - Yourself and your team are the best

Here's an interview from The Prestige mortgage awards where we discuss our journey and how we help clients that are self employed as well as those that have had credit issues! If you are self-employed and looking at your mortgage options, have bad credit, or are an mortgage advisor and thinking of starting your self-employed journey then this video could give you some insightful hints and tips! #mallardmortgages #heretohelp #awardwinners #selfemployedmortgages #adversecredit