Category: Upper Keys Florida Mortgage

At Fidelity Home Group, we are Upper Keys mortgage experts! We offer more options, more transparency and a simpler way to find the right mortgage program for your unique situation.

The Upper Keys are locted in Upper Matecumbe, Lower Matecumbe, Windley Key, Plantation Key, and the ever popular Islamorada real estate market and Key Largo real estate market. Homes in the Upper Keys are quite popular for their seamless combination of a convenient northern location near the mainland, and its stunning tropical atmosphere. The Upper Keys properties have an abundance of popular restaurants nearby, not to mention some of the best off-shore snorkeling, diving, and fishing in the Florida Keys.

Florida Mortgage | How Do Presidential Elections Impact the Housing Market?

Written by super22 on October 19, 2024. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

How Do Presidential Elections Impact the Housing Market? | How do presidential elections impact the housing market? Data shows Presidential elections only have a small and temporary impact on the housing market. If you have questions about what this means for your move, let’s connect. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Why Buying Now Is Worth It

Written by super22 on October 18, 2024. Posted in Buying Tips, Equity, For Buyers, Forecasts, Infographics, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Some HighlightsYou may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time.So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.

Why Did More People Decide To Sell Their Homes Recently?

Written by super22 on October 17, 2024. Posted in Buying Tips, For Buyers, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market.The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year.As the green circle in the graph below shows, the...

Florida Mortgage | Unlocking the Benefits of Your Home Equity

Written by super22 on October 17, 2024. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

Unlocking the Benefits of Your Home Equity | Home equity is the difference between how much your home is worth and how much you owe on your mortgage. And for most people it’s gotten a big boost in recent years, thanks to rising home prices. If you want to find out how much equity you have, reach out for a professional equity assessment report. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

The Benefits of Using Your Equity To Make a Bigger Down Payment

Written by super22 on October 16, 2024. Posted in Affordability, Equity, For Buyers, Home Prices, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too.According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record (see graph below):Here’s why equity makes this possible. Over the past five years, home prices have increased significantly, which has...

Why an Agent Is Essential When Buying a Newly Built Home

Written by super22 on October 15, 2024. Posted in Agent Value, Buying Tips, For Buyers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says:“As resale inventory remains limited and the price spread between new and resale homes narrows, new homes are increasingly an attractive value proposition for buyers, with incentives such as rate buydowns a way to help address ongoing affordability challenges.”So, is there any merit to the myth? Let’s break down...

Florida Mortgage | Reasons To Move in Today’s Shifting Market

Written by super22 on October 15, 2024. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

Reasons To Move in Today’s Shifting Market | You have 3 key opportunities if you’re looking to move this fall. Inventory is growing, homebuilders are motivated to sell, and mortgage rates have come down from their recent peak. Let’s connect if you want more information. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Why a Condo Could Be Your Perfect First Home

Written by super22 on October 14, 2024. Posted in For Buyers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner.Since they’re usually smaller than single-family homes, they can be easier on your wallet. While it’s not always the case, smaller square footage usually comes with a smaller price tag too. As a result, according to the latest data from Realtor.com, condos typically...

Florida Mortgage | Home Inspections for Sellers: How To Prepare

Written by super22 on October 13, 2024. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

Home Inspections for Sellers: How To Prepare | Wondering how to get your house ready for the inspection? You may want to do some select repairs before listing to get ahead. To decide what’s worth tackling, you need expert advice. Let’s chat so you know what to prioritize. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Buying Beats Renting in These Top Cities

Written by super22 on October 11, 2024. Posted in For Buyers, Infographics, Rent vs. Buy, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Some HighlightsBased on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in your area, connect with a local agent.