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Andy Mandel's Blog

Monday, March 23, 2020   /   by Andy Mandel

0% Mortgage Interest Rates & How They Are Affected By The Coronavirus

- All right, we are recording, we are live. For anyone who doesn't know my name is Andy Mandel, I'm a Broker Associate with RE/MAX Advisors. We have locations in Boca Raton and in Coral Springs. Today we're here to talk about what's going on in the market with interest rates. There's a lot of crazy stuff going on, a lot of headlines. So I got Scott Lushing, who is my preferred lender with Fairway Mortgage, so I wanted to interview the experts on mortgages so we're gonna talk to Scott. He's gonna give you all the information. Before we get into mortgages though I do wanna take a second and I want to answer the question that I've been hearing all week which is, Andy, how's the market? What's going on in the real estate market? I know mortgages are a part of that, but as far as what's going on with buyers and sellers we're taking it day-by-day, hour-by-hour, minute-by-minute. You know these things are changing so quickly with all the news updates that whatever I tell you is going on ...

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Monday, March 2, 2020   /   by Andy Mandel

Video Tour of Boca Raton Home For Sale @ 21184 Vi´a Ventura In The Mizner Pointe Neighborhood

Are you looking for a home for sale in Boca Raton? Check out our newest listing at 21184 Via Ventura, Boca Raton, FL 33433! For more pictures, pricing, and information: http://bit.ly/32vwvft







Beautiful waterfront views await you in your new house in the desirable community of Mizner Pointe. Soaring ceilings when you enter the living room lead you to your downstairs master bedroom oasis off the kitchen. Kitchen features newer Stainless Steel appliances and granite counter tops. Beautiful wood floors lead you upstairs which features a spacious loft - great for kids! 1 bedroom has ensuite bathroom, and 2 more bedrooms with a shared bathroom. Enjoy your long screened-in patio and beautiful lake view from your oversized family room & master bedroom. Home features accordion shutters for hurricane protection and low insurance. Zoned for Del Prado Elementary Omni Middle, & Olympic Heights High - All EXCELLENT schools! Easy access to Turnpike & 95 and close to Boca Ma ...

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Tuesday, February 25, 2020   /   by Andy Mandel

How High Does Your Credit Score Need to Be to Buy?

Many homebuyers are under the impression that they need perfect credit to qualify for a mortgage. Here’s the truth behind this common myth.

The biggest myth we hear from prospective homebuyers is that you have to have perfect credit to buy a house. Did you know that 50% of all buyers had a credit score below 750, and 25% had one in the 600-700 range? It’s easier than you think to qualify for a mortgage, and there are a ton of options out there. To learn more about how we can get you connected with the right lender to see all of your options, reach out to us via phone or email. We'd love to talk with you and hear about your situation.

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Friday, February 7, 2020   /   by Andy Mandel

Down Payment Options

Today we’re going to discuss down payments. How much money do you have to put down to buy a home? There’s a huge myth that you have to put down 20% to get a mortgage on a house. That is completely incorrect; that’s the old-school way. 


You certainly can put 20% down, and there are many upsides to doing so, but it’s not required. There are two main pros of putting 20% down on a property. First, you’re financing a bit less, so your mortgage payment will be smaller. Also, you avoid PMI or private mortgage insurance. Commonly, on an average loan, it’s around $150 per month. 


However, 50% of homebuyers put down 10% or less when they buy their home. It’s much more affordable than you think to buy a house. There are even mortgage options with as little as 3% down for qualifying borrowers, and 0% down if you’re a VA buyer. There are many lower payment options to help you get into a home with less money. Each option is spec ...

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The Mandel Team at Re/Max
Andy Mandell
9615 Westview Drive
Coral Springs, FL 33076
954-610-0563

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All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
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