Prime Time Mortgage - Richard Rossi NMLS # 1906293

Prime Time Mortgage - Richard Rossi NMLS # 1906293 The world of sports & gaming is always about disposable spending. A mortgage is essential for all.

That being knowledge and solutions for the biggest purchase of your lives. Conventional, FHA, VA, Medical Professional & Business loans for all homebuyers.

10/12/2023

SNEAKY BIG NEWS!!…

Effective November 18th, Fannie Mae is reducing the minimum down payment for an Owner-Occupied multi-family 2-4 unit property to 5% Down!!!
Typically a duplex is 15% down; triplex or quadplex 25% down. Not anymore.

*NO SELF-SUFFICIENCY TEST!
*75% of the fair-market rent can be used to qualify income.

Own a $1M quadplex for only $50K down!

When the refi-boom comes (18 - 24 mos), we lower the monthly payment, and grow the margin.

Get same-day pre-approved.
Richard Rossi
631.805.4536

How will this new crisis affect mortgage rates? Stay tuned!⁣⁣⁣⁣⁣⁣ ...
10/09/2023

How will this new crisis affect mortgage rates? Stay tuned!
⁣⁣⁣⁣⁣⁣

STILL Better Than Renting.Get re-Pre-Approved. 🔗Prime Time MortgageRichard Rossi📞 631.805.4536 ...
09/06/2023

STILL Better Than Renting.

Get re-Pre-Approved. 🔗

Prime Time Mortgage
Richard Rossi
📞 631.805.4536

09/02/2023

Good Friday.
When possible, always close on the 1st!

Get re-Pre-Approved!
Always better than renting!

Richard Rossi
📞 631.805.4536

BREAKING NEWS: As of last Friday, the Florida Housing Finance Corporation has depleted its funds for the Florida Hometow...
08/28/2023

BREAKING NEWS:
As of last Friday, the Florida Housing Finance Corporation has depleted its funds for the Florida Hometown Heroes Program, excluding loans currently under rate lock.

Next round of funding date still TBD. Anticipate no earlier than January 2024.

08/17/2023 A government growing uncontrollable and downgraded debt with an upside-down labor market - means the highest...
08/17/2023

08/17/2023
A government growing uncontrollable and downgraded debt with an upside-down labor market - means the highest mortgage rates since 2003, despite the improving inflation.

F*ck the rate. Marry the monthly payment.
Still better than renting!

Get re-Pre-Approved!

Richard Rossi
631.805.4536

⁣⁣⁣⁣⁣⁣

08/11/2023 Shelter inflation went up, but everything with core inflation cooled - which means rent pricing still overc...
08/11/2023

08/11/2023
Shelter inflation went up, but everything with core inflation cooled - which means rent pricing still overclimbing.

Jobless claims came in slightly higher. Labor market will eventually apex.

Our debt rating will still influence the 10-yr bond, thus mortgage rates will stay unhealthy until we improve our debt position and balance the labor market.

So if you are under contract, be sure to lock your rate if you are in a comfortable position to.

Otherwise, get re-Pre-Approved.

Pay a high rate, or pay your landlord’s high rate.

Richard Rossi
631.805.4536⁣⁣⁣⁣⁣

08/03/2023 Simply put…We’re spending more than we’re making with “low unemployment”.Anticipate a rate dip before end of...
08/04/2023

08/03/2023
Simply put…We’re spending more than we’re making with “low unemployment”.

Anticipate a rate dip before end of the week but generally it can get worse if jobless claims don’t get right-side-up.

Get Re-Pre-Approved.

Richard Rossi
631.805.4536
⁣⁣⁣⁣⁣

7/27/2023 Initial jobless claims still declining. No bueno for 10-Yr bond i.e. mortgage rates.This is completely separa...
07/28/2023

7/27/2023
Initial jobless claims still declining. No bueno for 10-Yr bond i.e. mortgage rates.

This is completely separate from the Fed Fund Rate hike that made rates decline yesterday.

Get re-Pre-Approved!
Richard Rossi
📞 631.805.4536
⁣⁣⁣⁣⁣

7/20/2023 Unemployment continues to go down - which is one of the two market indicators that steer mortgage rates.Unemp...
07/21/2023

7/20/2023
Unemployment continues to go down - which is one of the two market indicators that steer mortgage rates.
Unemployment goes down…
Affordability goes up…
Rates go up…

Whiffs of a jobs market that may crack.

Riding through the limited-inventory storm!

Get re-Pre-Approved.
Richard Rossi
631.805.4536⁣⁣⁣⁣⁣

7/20/2023 Unemployment continues to go down - which is one of the two market-indicating factors that steer mortgage rat...
07/21/2023

7/20/2023
Unemployment continues to go down - which is one of the two market-indicating factors that steer mortgage rates.
Unemployment goes down…Affordability goes up…
Rates go up.

Whiffs of a potential jobs market crack.

Get Pre-Approved from the link.

Richard Rossi
631.805.4536

7/12/2023 Inflation at 3%! Healthy 5s are coming. But anticipate end of the year until job market cracks.Get re-Pre-Ap...
07/12/2023

7/12/2023
Inflation at 3%!

Healthy 5s are coming. But anticipate end of the year until job market cracks.

Get re-Pre-Approved!
Richard Rossi
631.805.4536
⁣⁣⁣⁣⁣⁣

Address

2625 Weston Road
Weston, FL
33331

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm
Sunday 9am - 7pm

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