Last week, the Mortgage Bankers Association announced that mortgage applications have increased nationwide. They said mortgage rates are down and job markets are strong. Today, March county reports from Florida Realtors® confirmed that closed home sales involving some type of financing has increased 27 percent compared to last year. Our median home price may be $179,000, but buyers are determined – they are utilizing low mortgage rates to increase their affordability in St. Lucie County.
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