Market Update

Orlando's housing market continues to experience growth, posing challenges for buyers seeking affordable options in desirable neighborhoods. Key points to consider:

Orlando's median home price has risen to $340,000, up 10% from last year, making it increasingly difficult for buyers to find affordable options.
With 5+ active loan officers in the area, Orlando buyers have access to a range of mortgage options to suit their needs, allowing them to explore different financing options and find the best fit for their situation.

Mortgage Rate Trends

Current mortgage rates in Orlando remain higher than historical averages, affecting the affordability of homes in the area. Key points to consider:

Current 30-year fixed mortgage rates in Orlando average around 6.2%, with some lenders offering rates as low as 6.0% for well-qualified borrowers.
Adjustable-rate mortgages remain a viable option for some buyers, offering lower initial rates but potentially higher long-term costs.

Local Expert Spotlight

Orlando's top-rated loan officers offer personalized mortgage planning and expert advice on navigating the local market. Some of the top-rated loan officers in the area include:

Featured Local Experts

Tara Mackenzie Reed

NMLS: 890713
Location: Orlando
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Rae Drake

NMLS: 363643
Location: Orlando
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Jose Paradas

NMLS: 1577728
Location: Orlando
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Hilda Paradas

NMLS: 914241
Location: Orlando
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Susan Kay Carlton

NMLS: 344354
Location: Orlando
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