NOVEMBER 2022 Edition
www.LIVEIN HeronBay.com 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076
Permit # 3018
954.609.0591 Michael@ParklandParrot.com
#1 HERON BAY REAL ESTATE TEAM 6 YEARS IN A ROW
HERO N
t
BAY
REAL ESTATE MARKET REPORT
ATTENTION HOMEBUYERS:
KNOW YOUR
OPTIONS! Don’t Be Intimidated By The Mortgage Rates. If You’re A Buyer, It’s Time To Get Informed!
3 2 1 3-2-1 Buydown
Permanent Buydown
5-Year Arm
A type of loan that starts out with a low interest rate and rises over the next several years until it reaches its permanent rate where the buyer can then refinance for a new rate.
By financing the discount points up front, the interest rate can be up to 75 basis points lower than prevailing market rates.
A loan with a fixed interest rate for the first 5 years. Afterward, the 5/1 ARM switches to an adjustable interest rate for the remainder of its term or the buyer can refinance.
Heron Bay - Casa Del Sol 6679 NW 128th Way
LISTED AT $724,900 JUST LISTED
Marry The Home, Date The Rate. Presented by www.LIVEIN HeronBay.com
NOVEMBER 2022 Edition
Michael Citron
Prepared Exclusively for