Matt Ennis - Licensed Mortgage Loan Originator - NMLS# 1783066

02/09/2023

Call me C: 863-214-3932
if you are curious or you want to take the leap, but just don't know where to start. I will answer all of your questions and help you with no obligations until you are ready to buy or sell.

02/02/2023

It was always just a matter of time. Conventional rates drop under 6%, but even better is FHA is down to 5.37%! This should allow many first time buyers and lower income buyers, who have been disproportionately affected by higher rates, to re-enter the market and have a chance to find suitable housing for themselves. New housing initiatives, like the Hometown Heroes Program, should also serve to help more and more people realize their dream of home ownership.

If there are any questions about what a lower interest rate could mean for a potential budget or you are interested in Hometown Heroes, please give me a call so I can show you exactly what the numbers look like. 352.613.5083

Mortgage rates responded favorably to yesterday's press conference with Fed Chair Powell.  We discussed that move in detail in yesterday's commentary: Fed Hikes Rates. Mortgage Rates Drop. Here's How That Works. Now today, the average lender improved just a bit more as the Fed& #...

01/11/2023

It's coming! The market is settling in and volatility is on the decline. Refinance numbers are strong and average number of listings on the MLS are way up!

It is such an interesting time right now. We have an influx of properties on the market, with buyers still a bit leery of pulling the trigger. I think that anyone with the foresight to purchase in the next year will be extremely happy that they did.

Call me and let's discuss.

Overall mortgage application activity returned to pre-holiday levels during the first week of the new year. Lower interest rates bolstered refinancing and the Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, increased 1.2 percent on a seaso...

11/08/2022

I am a proud partner with UWM! One of the main reason's that we chose to partner with UWM years ago, aside from the obvious reasons, is the fact they are a true wholesale lender with no retail. That means they are not competing against you for the same loans!

Congrats UWM and all the brokers who helped to achieve this milestone!

The milestone accomplishes a long-sought goal for UWM CEO Mat Ishbia

10/31/2022

We are all guilty of this. Always waiting for the perfect time to get the perfect deal with a perfect set of circumstances. Unfortunately, even the very best of us can't see into the future but I believe it's important to keep things in perspective. If you were to zoom out and look at a 50 year history of interest rates, you would see the graph below repeated over and over again, always dipping and rising depending on the state of the world.

Just know that it is never a bad time to purchase a home, to build that dream home, or purchase an investment property, airbnb, condotel etc. Whether it's about getting your family into a new home or purchasing an investment property that you believe can increase your monthly cash flow, we have to remember that the property is the asset! not the interest rate! The rates will come down as they always have and you will always have the option to refinance into a lower rate when that happens.

Everyday people are saying "I think I'll wait" and everyday people miss the boat. As for me, I say "there's no day like today!"

Call me today and I promise I will show you creative ways to make your dreams a reality TODAY and not in the distant future.

352.613.5083

10/28/2022

10/21/2022

Mortgage Broker - all types of financing available for a variety of home types! Commercial and investment properties.

10/21/2022

😂 but don’t let these rates get you down! Remember, you are buying the HOME not the rate! A simple refinance when the rates come down will solve this problem. Don’t let your dream home slip away waiting for rates.

10/19/2022

Not finding anything on the market that suits you? New construction might be the perfect avenue!

10/14/2022

Your dream home is waiting for you! Rates will change but your home is forever.

10/13/2022

The seller’s housing market is quietly shifting to a buyer’s market, with seller concessions making their 2022 debut. Higher interest rates are taking many buyers out of the market, leaving more homes up for grab with less competition. This shift has sellers lowering their prices and offering concessions to get their homes sold. A popular seller’s concession is the 2/1 Buydown because it reduces the buyer’s interest rate by 2% the first year and by 1% the second year for a very reasonable seller concession.

A borrower must still qualify at the full note rate; however, this gives them a softer landing for the first 2 years of the loan. If the full not rate is 6%, then for the first year the rate would be at 4% and then the second year the rate would be at 5% and then from year 3 and on, the full note rate of 6% would be in effect. This also provides the unique opportunity to secure a lower rate for 2 years and to wait for a market correction and for rates to lower, at which point we can jump in and refinance the loan with a more desirable rate.

REMEMBER: You are purchasing the home, not the interest rate. The rate can always be changed but that perfect dream home will only be around for so long!

Call me today to learn more! 352.746.4290