Orlando Real Estate Buzz | Adjustable Rate Mortgages | 4-28-2022

Join Joseph R Dionne of appli Home Loans and I as we update you on the status of the Orlando Real Estate Market. This week we will look at the increase in Adjustable Rate Mortgages....the good, the bad, and they ugly.

As mortgage interest rates have increase more buyer's are looking at adjustable rate mortgages. Have you talked to your lender about one?

Have questions about the current housing market fell free to reach out to:

Joseph Dionne
Managing Partner
Appli Home Loans
www.applihl.com

Or

Brenden Rendo
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

Time Stamp

0:00 Intro
1:30 Topic - Adjustable Rate Mortgages
2:30 Iman News - Return of the adjustable rate mortgage
3:54 Mortgage News Daily Rates - Fixed Rates vs Adjustable Rates
4:31 What is an adjustable rate mortgage
5:12 Who is an adjustable rate mortgage good for?
6:30 Prefer 7/1 or 7/6 adjustable rate mortgages
8:22 Don't just jump to an adjustable rate mortgage
9:00 Back to the 2/28 era
10:45 Lenders are pushing adjustable rate mortgages
14:08 Mortgage rate charts
15:31 Frenzy Friday

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#economicninja #ninjanation #housingmarket #justlisted

Brenden Rendo is a licensed real estate agent in Florida with NextHome Neighborhood Realty and Joseph Dionne is a licensed mortgage broker in Florida, as of the time of making this video. All information given is meant to be educational and be a starting point in your home purchasing/selling journey. All topics in my videos are based on my prior experiences, please double-check and confirm/consult with a local licensed professional real estate agent or mortgage lender if it applies to your situation.