Blog

Your credit score significantly impacts your mortgage interest rate. A higher credit score can lead to significant savings over the life of a mortgage, both monthly and overall.

The median U.S. home-sale price reached an all-time high of $397,482 in Early-Q3 2024. This 4.7% yearly increase is the most significant growth in over four months.

Shop around: Compare offers from multiple lenders to find the best rate. Increase your down payment: A larger down payment often leads to a lower interest rate.

FICO Score Range: 760 to 850 – Potential APR: 6.5% – Monthly Payment: $2,085 – Total Interest Cost: $420KFICO Score Range: 700 to 759 – Potential APR: 6.7% – Monthly Payment: $2,128 – Total Interest Cost: $436K

Florida's My Safe Florida Home program offers up to $10K for storm mitigation improvements. The state allocated $200M for the program, and the funds have been available from July 1.

Florida's rent prices are declining as the pandemic-induced in-migration slows. Construction surged during the pandemic, increasing apartment supply and lowering rents.

Low inventory levels have helped maintain high home prices. Final sale prices reflect deals made a month or two earlier, maintaining current high prices.

Interest rates and housing prices are high, but some homes might lose value in 12-18 months. Condos and urban apartments may decrease in value due to oversupply and lower demand from remote work.

Some brokers charge an upfront fee, others are 'fee-free' and earn commission from lenders. Is paying a broker worth it? Fees secure low-cost, exclusive deals, specializing in self-employed or bad credit cases.