Iris Polo PA

Iris Polo PA Professional, full time Real Estate Agent, who grew up between Honduras and USA.

01/17/2024

Christopher Waller, an influential member of the Fed's Board of Governors, said he’s feeling confident the economy is moving in a positive direction. WASHINGTON — A top Federal Reserve official said Tuesday that he is increasingly confident that inflation will continue falling this year back to ...

01/16/2024

Several Florida cities, including Crestview, Deltona and Ocala, are a boon for buyers, coming in among the top 50 U.S. cities that had the most homes sell under the asking in 2023. MIAMI – It's a tough time to be in the market for a new house. The average 30-year fixed rate mortgage rose above 7% ...

01/15/2024

One borrower wants to know how increasing loan limits will impact a purchase on a larger home.  RICHMOND, Va. – Question: Our mortgage lender says loan limits will increase for 2024. Will this change our financing efforts since we're trying to move into a larger home? Answer: Loan limits may wel...

01/13/2024

Active listings in the U.S. climbed 4.9% in December year over year, but for-sale inventory is still below pre-pandemic levels. LOS ANGELES — The recent pullback in mortgage rates is spurring more homeowners to put their homes up for sale, though the increases so far have been too modest to return...

01/12/2024

The new year began on a positive note for the mortgage space, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, jumped by 9.9% on a seasonally adjusted basis from one week ear...

01/11/2024

During December, there was a 9.1% uptick in the number of more newly listed homes compared one year ago; compared to November, there was a 5.5% inventory increase. Out of the 23 metros with a greater inventory compared to one year earlier, the highest annual increases were seen in Memphis (28.5%), N...

01/10/2024

Hunter’s Point, located in Manatee County, is the world’s first LEED Zero Energy certified residential development. CORTEZ, Fla. – The 86 homes built or planned for Hunters Point, located in Cortez, have no electricity expenses, with 14 solar panels and a 12-kilowatt-hour home battery in the u...

01/09/2024

With the 10-year Treasury yield seemingly turning the corner, cap rates can stop expanding, which would allow investors to get back into the market. NEW YORK – With the 10-year Treasury yield seemingly turning the corner, cap rates can stop expanding, which would allow investors to get back into t...

01/08/2024

Prospective homeowners should consider all the steps to securing the best possible mortgage terms.   NEW YORK – A home is the single biggest purchase most people will ever make. That’s perhaps become even more true in recent years when the cost of homes has increased dramatically. The sticker p...

01/06/2024

Experts say there’s never been a wider gap between the underlying health of the economy and public perception. WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interes...

01/05/2024

Freddie Mac says mortgage rates slid to the lowest level since May, “economy remains on firm ground with solid growth.” WASHINGTON (AP) – The average long-term U.S. mortgage rate retreated for the ninth week to reach its lowest level since May. The average rate on a 30-year mortgage dipped to ...

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Doral, FL

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