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Zombie foreclosures – homes abandoned by their owners but not yet. who are behind on their mortgage payments continues to shrink. Mortgage delinquency rates spiked in the Sarasota-Manatee region.
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In the Sarasota-Manatee market, the median home price ticked. to remain in place should increase remodeling expenditures and the origination of home equity loans for home improvement purposes,
The interest rate for a 30-year fixed-rate mortgage averaged 3.77% in July, down from the 4.53% averaged one year earlier, according to Freddie Mac. New listings for single-family homes grew by 10.9%.
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If you want to buy a home in areas of Sarasota that are not eligible for a USDA loan, we also offer other loan types such as FHA and conventional loans. Our FHA loans offer very competitive loan terms, including low down payments and low interest rates. To learn about all home loan options that exist for you, request a free pre-approval.