Why Interest Rates Keep Rising and How It Affects Buyers

Why Interest Rates Keep Rising and How It Affects Buyers

As you hear about interest rates rising, you might find yourself weary of buying a home. The Federal Reserve will periodically raise interest rates in an effort to stabilize prices and cool down the economy in the hopes of slowing inflation. These short-term interest rate hikes can have ripple effects on the economy. When the Fed raises interest rates, this impacts borrowing, particularly with higher loan amounts. However, homebuyers can still find great homes for sale in Kissimmee, FL, and work with a real estate broker to select a mortgage that works best for their finances.

What Is Causing Interest Rates to Rise?

You might be wondering what causes interest rates to rise. Various…

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How Much Does It Cost to Buy Down a Mortgage Rate?

How Much Does It Cost to Buy Down a Mortgage Rate

Buying a house is no easy feat, and figuring out what to do about a mortgage can complicate matters. Essentially, when you take out a mortgage to buy a home, you agree to pay interest on the loan for the privilege of borrowing money. As the housing market fluctuates along with mortgage rates, you want to ensure your monthly payments will be manageable. When you get a mortgage, it might seem like you are locked in at a specific interest rate. However, you can talk to your trusted real estate team to find out how much house you can actually afford and learn about all your options. One option for getting a better rate is through what’s known as a buydown mortgage rate, which can actually help lower…

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Central Florida Real Estate Recap of October 2022

Inventory Rose for the Eighth straight month in a row with current inventory at 7,128 homes on the market.

October 2022 Recap

State of the Market

  • October’s interest rate was recorded at 7%, a 10% increase from September when the interest rate was 6.3%. The last time interest rates were this high was May 2002.
  • That 7% interest rate in October 2022 was 131% higher compared to October 2021 when the interest rate was recorded at just 3%.
  • Inventory rose 3.5% from September to October, from 6,884 to 7,128. This is the eighth straight month of inventory increases.
  • Inventory in October 2022 was 109.3% higher compared to October 2021, when it was recorded at 3,406…

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Should You Buy a House in a Florida Gated Community?


When searching for your next home, you may come across a variety of options that include gated communities. This type of residential community offers more than just a gate at the entrance and exit to the neighborhood. Owning a home in a gated community can be a great bonus for prospective buyers looking at Florida homes for sale with fantastic amenities and a solid return on investment. Consider a Florida gated community during your homebuying search and learn more about the nuances of owning a home in this type of neighborhood. We will provide you with all the details you need to know and help you determine whether a gated community is the right choice for you!

Decide Whether a Florida Gated…

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How a Mortgage Buy Down Can Help with Rising Interest Rates

How a Mortgage Buy Down Can Help with Rising Interest Rates

A mortgage buydown is one potential option to reduce your interest rate, especially when interest rates are on the rise while you’re trying to buy a home. When you are looking to buy a house, it is a serious financial commitment, and you want to make sure you can handle the long-term effects of the purchase price along with the monthly mortgage payments. While you might think that the only time to buy a house is when interest rates are low, there are other ways to manage the housing market when dealing with rising interest rates.

 One such option is to talk with your mortgage broker about a mortgage buydown to help ensure your mortgage payments will be manageable for you now and into…

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The 10 Best Rated Restaurants in Davenport FL

Are you looking for a good restaurant where you can enjoy a delicious meal after a long day? Or are you looking for the great spot for date night, a casual hangout, or a quick lunch? We’ve got you covered.  Here is a list of the 10 top rated restaurants in Davenport, FL.


4.8(1K) · $ · Hamburger
Davenport, FL
113 Ambersweet Way, Davenport, FL 33897
Casual stop for burgers & fries

Ovation Bistro & Bar, Davenport

4.7(5.8K) · $$ · Grill
Davenport, FL · In Deer Creek Crossings
42605 US-27, Davenport, FL 33837
"Good Food Restaurant with indoor and outdoor seating."

Best of British Pub & Cafe

4.7(321) · $ · British
Davenport, FL
150 California…

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Top 10 Areas to Invest in Real Estate in Central Florida for 2023

The state of Florida has always been ripe with good deals for savvy real estate investors. Investing in real estate can serve as a reliable source of income and wealth-building for both individuals and corporations. Prime real estate in Central Florida can offer a significant return on investment when you get smart about investing in the local market and protecting those investments. Whether you are looking at an ocean-front condo or an established home in a gated coastal community, Central Florida real estate always features plenty of opportunities to invest. The popularity of many Central Florida communities will help guarantee a consistent flow of income for your real estate…

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Rent-Back Agreement: Why Sellers Might Need It 

When working in a hot housing market, the intense competition for homes can create complications for sellers planning their next move. If you are selling a primary residence, you have important factors to consider, like how long it might take to find your next home and what you will do in the interim. If your home sells quickly before you have secured a new primary residence, you will want to look at all your options for housing in the meantime. One such option can be what’s known as a rent-back agreement, which has become increasingly popular in the latest housing market boom.

What to Know About Rent-Back Agreements

When navigating both selling your primary home and buying a new home, you end…

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Central Florida Real Estate Market Recap of September 2022

Due to the increase in interest rates, Sales have dropped 18.3 % when compared to August.

September 2022 Recap

State of the Market

  • September’s interest rate was recorded at 6.3%, a 19.5% increase from August when the interest rate was 5.3%.
  • Overall sales in September dropped by 18.3% for a total of 2,717 sales compared to 3,324 sales in August.
  • Overall sales dropped 28.3% in September 2022 compared to September of last year.
  • The median home price for September 2022 was recorded at $365,000, a decrease of 3.4% compared to August’s median home price, $377,750. This is the third month in a row that the median home price has fallen.
  • Inventory rose…

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2022 Q4 Central Florida Housing Market Trends & Predictions

The first three quarters of 2022 have been a whirlwind of growth for Central Florida. Home prices climbed a steep hill, but in the next quarter, some areas may begin to expect a small decline or plateau. It can be difficult to navigate the changes occurring in the housing market, but Florida Realty Marketplace’s experts are equipped to help you make a decision that yields the most benefits.

How Is the Central Florida Real Estate Market?

Florida’s market has been hotter than most in the last year, with Central Florida’s Tampa experiencing one of the biggest year-over-year changes in home prices between 2021 and 2022. Orlando’s listing prices have gone up by about 20% in that same time.…

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