Nfinity Financials’ Post

How much income do you need to qualify for the average Niagara home? The Niagara MLS Home price index was $633,400 as of March 2024. How much do you actually need to make in order to afford to purchase that home? Now assuming you have no other debts, If you put the minimum downpayment, you would need to qualify for a $619k mortgage. This would require a $140k in household income. If you put a 20% down payment, you would then need a $507k mortgage. This would require a household income of $106k though if you are in good standing with some of the banks you may be able to get away with even as low as $97k. #realestate #niagararealestate #mortgagetips #mortgageagent #realestatemarket 

Happy Friday Everyone 🥂🏡🍾 How we have helped some of our clients this week; Our clients would like to sell their property and buy another property in need of modernisation, estimated costs of modernisation is £50,000. Our clients have no savings at all but do have equity in their existing property. So, how do we help? Our short video explains how… Think Mortgage Think MARK Mortgage Advice Reliable Knowledgeable

🏡💰 Buying a home is a significant investment, and understanding your mortgage payments is crucial. With the current mortgage rate at 6.12%, the monthly payment for a median-priced $425,000 home is roughly $2,065 (assuming a 20% down payment and excluding tax and insurance). Compared to last week's rate of 6.08%, buyers who lock in the rates today save $9 per month. However, if we look back to October 2023 when the rates peaked at 7.79%, today's buyers are saving a substantial $380 per month. Over the life of a 30-year mortgage, these savings add up, making it clear that buying a house at a low rate can be financially beneficial.🏠💵 Source: Realtor Finance Advice. Read more here: https://lnkd.in/gz87A_p2 #BSWANRealtyGroup #LasVegasRealEstate #VegasHomes

When could mortgage rates start to drop? Right now, the financial markets are predicting that the Base Rate is at its peak. It’s thought interest rates will remain flat into 2024, before starting to come down. And we can expect fixed-rate mortgage products to start to take on some of these reductions. But it’s difficult to predict when we could start to see more sizeable drops in mortgage rates, mostly because their movement is dependent on several factors. Including what happens with inflation, falling swap rates, and no unexpected shocks to the economy.  Your next chapter awaits! At 4Corners, we're driven by the passion to make your home move dreams a reality. We simply help people move into their new home sooner, Providing the fastest and most secure way to complete on house purchases. Contact one our property experts we’d love to hear from you… 0800 852 7855 Info@4CornersProperty.co.uk Read the full article: https://lnkd.in/eVSBrdxz #propertyladder #ukproperty #lettingagent #londonproperty #propertysearch #rightmove #buytolet #estateagency #lettings #estateagents #propertyconveyancing #property #propertyinvestment #newhome #movinghouse #househunting #conveyancing #newbuild #homemover #newhome #estateagent #propertywatch #conveyancing #estateagents #estateagentsuk #property #mortgages #mortgageadvisors #propertyindustry

The Gift of Choice: Fixed or Variable Mortgage Rates 📉🎄 Choosing between fixed and variable mortgage rates is like picking the perfect gift—it’s all about what suits you best! 🎅 A fixed rate offers peace of mind with consistent monthly payments, ideal for those who want stability. Meanwhile, a variable rate can fluctuate with the market, which might save you money if rates drop. Not sure which is right for you? Let’s chat about what suits your unique needs. I’m here to help make mortgage choices clearer this Christmas! DM me or click the link in my bio to get started🏠 𝙊𝙎𝙇 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙎𝙚𝙧𝙫𝙞𝙘𝙚𝙨 𝙇𝙞𝙢𝙞𝙩𝙚𝙙 𝙞𝙨 𝙖𝙪𝙩𝙝𝙤𝙧𝙞𝙨𝙚𝙙 𝙖𝙣𝙙 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙚𝙙 𝙗𝙮 𝙩𝙝𝙚 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝘾𝙤𝙣𝙙𝙪𝙘𝙩 𝘼𝙪𝙩𝙝𝙤𝙧𝙞𝙩𝙮, 𝙁𝙍𝙉 𝟵𝟰𝟴𝟱𝟭𝟮. 𝙔𝙤𝙪𝙧 𝙝𝙤𝙢𝙚 𝙢𝙖𝙮 𝙗𝙚 𝙧𝙚𝙥𝙤𝙨𝙨𝙚𝙨𝙨𝙚𝙙 𝙞𝙛 𝙮𝙤𝙪 𝙙𝙤 𝙣𝙤𝙩 𝙠𝙚𝙚𝙥 𝙪𝙥 𝙧𝙚𝙥𝙖𝙮𝙢𝙚𝙣𝙩𝙨 𝙤𝙣 𝙮𝙤𝙪𝙧 𝙢𝙤𝙧𝙩𝙜𝙖𝙜𝙚. #mortgagebroker #fixedorvariable #mortgageadvice #christmas

We regularly have new clients coming to us unhappy about their mortgages and, specifically, their interest rates. 😮💨 This makes sense because lots of people are paying tens of thousands of pounds in interest payments alone, when they should be paying off their home. 🏡 That’s why it’s important to understand your interest rates before committing to a deal, and if possible, pay a little more so you can pay your mortgage off quicker. 💷 It’s also crucial to understand fees and whether or not these are fair and cost-effective. 🧐 To uncover the many ways you can reduce your mortgage term or interest due, get in touch with our experts. 📞 #MortgageAdvice #MortgageRates #InterestRates Your home may be repossessed if you do not keep up repayments on your mortgage.

When could mortgage rates start to drop? Right now, the financial markets are predicting that the Base Rate is at its peak. It’s thought interest rates will remain flat into 2024, before starting to come down. And we can expect fixed-rate mortgage products to start to take on some of these reductions. But it’s difficult to predict when we could start to see more sizeable drops in mortgage rates, mostly because their movement is dependent on several factors. Including what happens with inflation, falling swap rates, and no unexpected shocks to the economy.  Your next chapter awaits! At 4Corners, we're driven by the passion to make your home move dreams a reality. We simply help people move into their new home sooner, Providing the fastest and most secure way to complete on house purchases. Contact one our property experts we’d love to hear from you… 0800 852 7855 Info@4CornersProperty.co.uk Read the full article: https://lnkd.in/esFmdHsZ #propertyladder #ukproperty #lettingagent #londonproperty #propertysearch #rightmove #buytolet #estateagency #lettings #estateagents #propertyconveyancing #property #propertyinvestment #newhome #movinghouse #househunting #conveyancing #newbuild #homemover #newhome #estateagent #propertywatch #conveyancing #estateagents #estateagentsuk #property #mortgages #mortgageadvisors #propertyindustry

Securing your financial future with confidence! 🔒✨ Mortgage interest rates can change daily, sometimes hourly. If your interest rate is locked, your rate won’t change between when you get the rate lock and closing, as long as you close within the specified time frame and there are no changes to your application. Rate locks are typically available for 30, 45, or 60 days, and sometimes longer. If your rate is not locked, it can change at any time. A mortgage rate lock gives you peace of mind by guaranteeing your interest rate for a specified period, protecting you from market fluctuations. Explore your mortgage options – find a rate that suits your needs today! #TheBarbeauGroup #TulareCountyRealEstate #KingsCountyRealEstate #FresnoCountyRealEstate #HomesForSale #LivingInVisalia #Visalia #Kohlee

Securing your financial future with confidence! 🔒✨ Mortgage interest rates can change daily, sometimes hourly. If your interest rate is locked, your rate won’t change between when you get the rate lock and closing, as long as you close within the specified time frame and there are no changes to your application. Rate locks are typically available for 30, 45, or 60 days, and sometimes longer. If your rate is not locked, it can change at any time. A mortgage rate lock gives you peace of mind by guaranteeing your interest rate for a specified period, protecting you from market fluctuations. Explore your mortgage options – find a rate that suits your needs today! #humansoverhouses #nexthomesre #omaha #omaharealestate #realtor

Why keep playing the guessing game with interest rates when you can enjoy the predictability of a Fixed Rate Mortgage? No surprises, no sudden jumps—just the same low payment month after month. Whether you're planning to binge-watch shows or build your dream nest, locking in a rate today means more peace of mind tomorrow. Ready to nail down that consistent payment? --- Let’s get started on securing your financial future today https://lnkd.in/gvpVun_r ! 🔑 . . . . #FixedRateMortgage #HomeSweetHome #MortgageMadeEasy #FinanceGoals #BudgetLikeABoss #LowInterestRates #StayInYourHome #LockInYourRate #ConsistentPayments #HomeOwnership #MortgageSavings #LongTermPlanning #FinancialStability #InterestRates #SecureYourFuture