MORTGAGE PRICING SET TO GET WORSE

MORTGAGE PRICING SET TO GET WORSE

ECONOMIC UPDATE Your Guide to the Housing & Mortgage Markets 1 WHAT’S GOING ON IN THE ECONOMY THIS WEEK AND WHY DOES IT MATTER? Mortgage pricing is set to get worse as global stocks kick off the week with a rebound. The US financial markets...
No Income Mortgage in South Florida

No Income Mortgage in South Florida

Hi, Brandon Carrero here. And thank you for watching my latest version of Did, you know? Did you know, that you can buy with a no-income mortgage on your primary, second home, and investment property? Our mortgage products are amazing and we’re the home of the...
Be Hurricane Ready

Be Hurricane Ready

2022 Hurricane Season is here! High-impact wind and floods can wreak havoc our lives, here at Carrero Mortgage, located in Miramar, we’re in South Florida and often close to the action, hurricanes have “visit” us many times throughout the years, and...
Housing Supply

Housing Supply

WE HAVE A GENUINE HOUSING SHORTAGE IN THE US In a “normal” housing market, we need to build approx. 1.5 million new housing units per year in the US in order to replace the obsolete housing units and account for normal population growth. This chart tells...
Buyers or Sellers Market?

Buyers or Sellers Market?

BUYER’S MARKET vs. SELLER’S MARKET Housing inventory measures how many months it would take to sell all the houses currently listed for sale, at the current pace of home sales. For example, if there are 300 homes currently listed for sale, and an average...