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In the last week of April, the average interest rate on a 30-year fixed rate mortgage was 4 percent according to information from Freddie Mac. While that is up since February 2016, it is still incredibly low. Currently, the rate sits at 4.12 percent, which means it is still affordable compared to the increase that usually occurs during the summer months. With this in mind, it makes a great time for home buyers to make a purchase.A shocking study, however, showed that many people are hesitant to make a move due to the “complicated nature” and lack of personal and responsive service from mortgage providers. In an effort to change this perception of mortgage lenders, New Florida Mortgage has launched a new service that is unparalleled when it comes to easy, affordable home loans.
“At New Florida Mortgage, our new service provides customers with a free pre-approval answer,” stated company representative Steve Parnell. “In fact, we can let interested parties know an answer and receive mortgage approval in 3 minutes 20 seconds. This is a feature we are confident that other mortgage providers can’t compete with.”
According to news reports, the housing market in South Florida started 2017 with several bullish buyers who were ready to spend their recent investment windfalls that came from stock market highs. With this high demand, it is estimated that middle-income homeowners are going to see their properties continue to increase in value, which makes it the perfect time for potential home buyers to take action. The increase is moving slowly, which means they can secure a mortgage now and see increases in their property value within the year, in some cases.
Parnell continued, “We designed our new mortgage services to be simple and appealing to use. We don’t want potential home buyers to be scared off by the complicated, long and drawn-out process that other mortgage lenders require. We offer fast approval and answers when you want them. Our team is responsive and ready to help residents of Palm Beach get the home they have dreamed of.”
When mortgage hopefuls use the services of New Florida Mortgage they have access to new tools and resources that make the mortgage process easy to understand. Buying now is a smart move according to the market and using services of local experts leads to better rates and terms.
ABOUT NEW FLORIDA MORTGAGE
New Florida Mortgage is considered a mortgage powerhouse. The newly formed business is dedicated to helping Florida residents get the home loan they need, easily and quickly. The staff works to build excellent relationships with clients and continue growing in the state of Florida.
Contact Info:
Name: Steve Parnell
Email: Send Email
Organization: New Florida Mortgage LLC
Address: Palm Beach Gardens, FL 33410
Phone: 561-370-7842
Website: https://newfloridamortgage.com
Release ID: 197701
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