{"id":34358,"date":"2010-05-02T00:26:21","date_gmt":"2010-05-02T00:26:21","guid":{"rendered":"http:\/\/planetmiamirealestate.com\/2010\/05\/02\/the-news-weve-been-waiting-to-hear-about-mortgages\/"},"modified":"2019-04-23T20:54:07","modified_gmt":"2019-04-23T20:54:07","slug":"the-news-weve-been-waiting-to-hear-about-mortgages","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/","title":{"rendered":"The News We&#039;ve Been Waiting To Hear About Mortgages"},"content":{"rendered":"<p style=\"text-align: center\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-842\" src=\"http:\/\/planetmiamirealestate.com\/files\/2010\/05\/Money-House.jpg\" alt=\"Save Money Buying A New Home With The New Conventional Financing\" width=\"347\" height=\"346\" \/><\/p>\n<p style=\"text-align: left\">Conventional financing can now be gotten for only 5% down, a significant change from the 10% required over the last few\u00a0 years, as mortgage insurers gain confidence in the South Florida market. This will be a welcome alternative to FHA financing since no upfront mortgage premium and monthly payments are required.<\/p>\n<p>Keeping\u00a0in mind that it&#8217;s not actually the <strong>price <\/strong>of a property, but the <strong><span style=\"text-decoration: underline\">cost<\/span><\/strong> of ownership that matters, and\u00a0you&#8217;ll be able to use that savings for other expenses!<\/p>\n<p><strong>James Venney<\/strong> of Gibralter Private Bank and Trust dicusses this in more detail in his article at<a title=\"JuicyEstates.com\" href=\"http:\/\/juicyestates.com\" target=\"_self\" rel=\"noopener noreferrer\"> JuicyEstates.com<\/a>, which I recommend you read. James has years of experience in the South Florida mortgage business and can be reached at <a href=\"mailto:jvenney@gibraltarprivate.com\" target=\"_self\" rel=\"noopener noreferrer\">jvenney@gibraltarprivate.com<\/a>.<\/p>\n<p>If you are thinking of buying a new home in Coconut Grove, South Miami or Coral Gables you need a realtor who really knows the area. Since most buyers like to see what&#8217;s available by themselves online you can start your search by clicking my <a title=\"Look for all listings on the MLS here\" href=\"http:\/\/planetmiamirealestate.com\/property-search\" target=\"_self\" rel=\"noopener noreferrer\">Property Search<\/a> tab\u00a0here, then give me a call at 305.794.6570. Or leave me a\u00a0<a title=\"Leave me a message here.\" href=\"http:\/\/planetmiamirealestate.com\/contact\" target=\"_self\" rel=\"noopener noreferrer\">message<\/a> so we can talk about what you&#8217;d like to have in your new place and I&#8217;ll\u00a0find it for you.\u00a0In either case, we can then visit what you&#8217;d like to see and get you into that new home!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conventional financing can now be gotten for only 5% down, a significant change from the 10% required over the last few\u00a0 years, as mortgage insurers gain confidence in the South Florida market. This will be a welcome alternative to FHA financing since no upfront mortgage premium and monthly payments are required. Keeping\u00a0in mind that it&#8217;s<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5571,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The News We&#039;ve Been Waiting To Hear About Mortgages - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The News We&#039;ve Been Waiting To Hear About Mortgages - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Conventional financing can now be gotten for only 5% down, a significant change from the 10% required over the last few\u00a0 years, as mortgage insurers gain confidence in the South Florida market. This will be a welcome alternative to FHA financing since no upfront mortgage premium and monthly payments are required. Keeping\u00a0in mind that it&#8217;sRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2010-05-02T00:26:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-23T20:54:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beth Kipnis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Beth Kipnis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\"},\"author\":{\"name\":\"Beth Kipnis\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25\"},\"headline\":\"The News We&#039;ve Been Waiting To Hear About Mortgages\",\"datePublished\":\"2010-05-02T00:26:21+00:00\",\"dateModified\":\"2019-04-23T20:54:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\"},\"wordCount\":231,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"EWM News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/the-news-weve-been-waiting-to-hear-about-mortgages\/\",\"name\":\"The News We&#039;ve Been Waiting To Hear About Mortgages - 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