Palm Beach
Home Mortgage Loans
Get The Lowest Interest Rate On
Palm Beach Home Mortgages.
Whether you are a first time home buyer or
trading up to a larger home in Palm Beach, we work to find the best home loan
solution in palm beach for you. Constantly surveying the hundreds of mortgage
lenders as well as anonymously testing their staff, we are always aware of the
conditions of the home loan market as well as the lenders involved in it.
Best Lender For
Palm Beach Home Mortgage
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a mortgage lender in Palm Beach, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is your local credit union. They have the lowest rates, a free and easy
online application, and they have not been severely hurt by the subprime
mortgage crisis. They are still approving the majority of
applications.
Palm Beach Florida Overview
& Statistics
Palm Beach Overview
As of 2007, Palm Beach's population is 9,731 people. Since 2000, it has had a population growth of -7.04 percent.
The median home cost in Palm Beach is $3,995,000. Home appreciation the last year has been -9.10 percent.
Compared to the rest of the country, Palm Beach's cost of living is 413.35% Higher than the U.S. average.
Palm Beach public schools spend $5,484 per student. The average school expenditure in the U.S. is $6,058. There are about 15 students per teacher in Palm Beach.
The unemployment rate in Palm Beach is 3.30 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Palm Beach jobs have Increased by 2.61 percent.
Palm Beach Climate
Palm Beach, FL, gets 61 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 132.
On average, there are 231 sunny days per year in Palm Beach, FL. The July high is around 90 degrees. The January low is 57. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Palm Beach Housing
The median home value in Palm Beach, FL, is $3,995,000. Home appreciation is -9.10% over the last year. The median age of Palm Beach, FL, real estate is 35 years.
Palm Beach, FL Apartments and Rentals
Renters make up 9.83% of the Palm Beach, FL, population. 41.59% of houses and apartments in Palm Beach, FL, are unoccupied (vacancy rate).
Palm Beach Crime
Palm Beach, FL, violent crime, on a scale from 1 (low crime) to 10, is 3. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Palm Beach, FL, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
For related resources see also:
www.townofpalmbeach.com
Palm Beach Real Estate Agents
Florida First
Time Home Buyers Grants
Florida First
Time Home Buyer Programs
Florida Home Loan
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for
a Palm Beach mortgage loan.
