Miami
Home Mortgage Loans
Get The Lowest Interest Rate On
Miami Home Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best home loan solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Miami Home Mortgage Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for
Miami mortgage loans, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT Orange Mortgage
for Miami Home Loans.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for a
Miami home mortgage.
Miami Florida
Overview & Statistics
Miami Overview
As of 2007, Miami's population is 409,719 people. Since 2000, it has had a population growth of
13.2% percent.
The median home cost in Miami is $481,000. Home appreciation the last year has been 0.44 percent.
Compared to the rest of the country, Miami's cost of living is
6.92% higher than the U.S. average.
Miami public schools spend $4,763 per student. The average school expenditure in the U.S. is $6,058. There are about 19 students per teacher in Miami.
The unemployment rate in Miami is 5.40 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Miami jobs have Increased by 3.20 percent.
Miami Climate
Miami, FL, gets 42 inches of rain per year. The US average is 37. Snowfall is
0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 88.
On average, there are 228 sunny days per year in Miami,
FL. The July high is around 92 degrees. The January low is 43. Our comfort index, which is based on humidity during the hot months, is a 29 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Miami Housing
The median home value in Miami, FL, is $481,000. Home appreciation is
-11.44% over the last year. The median age of
Miami, FL, real estate is 45 years.
Miami, FL Apartments and Rentals
Renters make up 30.95% of the
Miami, FL, population. 8.53% of houses and apartments in Miami, FL, are unoccupied (vacancy rate).
Miami Crime
Miami, FL, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Miami, FL, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Miami Home Mortgage Loan Resources
Listed below are a variety of resources relating to Miami home mortgage loans:
www.miamigov.com
Miami Real Estate Agents
Florida First
Time Home Buyers Grants
Florida First
Time Home Buyer Programs
Miami Home Mortgage
Florida Home Loan
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for
Miami Home Mortgage Loans.
