Other Doc
OtherForum Replies Created
-
Many homebuyers are priced out of the housing market in Florida because of surging homeowners insurance premiums. Average homeowners in Florida cannot afford the average homeowners insurance in Florida. Average homeowners insurance in Florida is $6,000 per year. $6,000 per year is equivalent for a $120,000 mortgage loan. Due to the surging out of control homeowners insurance, many homebuyers are getting priced out of the Florida housing market.
-
Say hypothetically Mortgage Rates fall under 3%. What do you expect or predict will happen? Hyperinflation?