Clay Edmonds – MortgageSimplified.net The headlines this week have been loud: a bipartisan group of lawmakers has reintroduced the Mortgage Insurance Freedom Act. If passed, it would allow FHA borrowers to cancel their mortgage insurance premiums (MIPs) once their loan-to-value (LTV) ratio reaches 78%—mirroring how Conventional Private Mortgage Insurance (PMI) works. On the surface, this…

The Internet’s 20 Most Common Mortgage Questions: Installment 1 (Q1-Q20) This is installment 1 of answers to the Internet’s 20 most asked Mortgage questions. By Clay Edmonds | MortgageSimplified.net Introduction: Mortgage Programs can sound like alphabet Soup Most people hear mortgage terms — FHA, VA, DSCR, bank statement loans, jumbo loans, 30-year fixed, ARMs—and are…

Florida Housing Market Holds Steady as Year-End Approaches The Big Picture Mortgage rates remained stable this week, with the average 30-year fixed hovering near 6.31%.Stability is the real story — and it’s creating a calm that buyers and sellers haven’t felt in a long time. Buyers who backed off earlier in the year are stepping…

Florida’s Market Stays Steady as Buyers Look Toward 2026 The Big Picture Mortgage rates ticked slightly down this week, with the average 30-year fixed landing around 6.29%.It’s not a dramatic drop, but it’s meaningful — especially for buyers who’ve been waiting for signs of stability and for homeowners who financed between 2022 and early 2025.…

President Franklin D. Roosevelt signed the Servicemen’s Readjustment Act of 1944—better known as the GI Bill—11 months before World War II ended. Among its most transformative provisions was a brand-new benefit designed to help returning servicemembers achieve homeownership: the VA Home Loan Guaranty. You would think that after 80 years, the specifics of this program…

Florida’s Market Finds Its Fall Rhythm The Big Picture Mortgage rates held steady this week, hovering near 6.37%.After a few months of small ups and downs, the market has settled into a steady rhythm — and that’s creating real opportunity for both buyers and homeowners. If you financed your home between 2022 and early 2025,…

As we approach the final months of 2025, the housing market in South Florida is unmistakably shifting. The shifts aren’t dramatic crash-style ones, but they are meaningful—and for buyers, sellers, investors and our Realtor partners in South Florida, this matters. Our goal is to help you understand why things are moving and what you can…

Florida Housing Market Feels Steadier as Buyers Regain Confidence The Big Picture If the last few years felt like a roller coaster, things are finally leveling out.Mortgage rates are holding near 6.33% on a 30-year fixed — and that steadiness is helping restore something we’ve all missed: confidence. And for buyers or homeowners thinking strategically,…

If you’re self-employed—or you work with clients who are —you already know how hard it can be to document income for a mortgage. Most people assume they’ll need two full years of tax returns, and that assumption keeps many qualified buyers sitting on the sidelines. Here’s the good news: under Conventional financing, that’s not always…

Florida Market Opening New Opportunities as Rates Ease Florida Market Overview After several weeks of small increases, mortgage rates eased slightly — the average 30-year fixed now sits around 6.28%.That’s not a dramatic drop, but it’s a real opportunity, particularly for homeowners who financed between 2022 and early 2025.Many of those loans were written at…