Tag: #lowerkeysmortgage

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are discovering the value of a multigenerational home. With such high demand for houses today, now is a great time to sell so you can upgrade to a multigenerational home that may better suit your evolving needs. Content previously posted on Keeping...

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan 85% – the chance to be better off financially 85% – the chance to build up wealth Additional financial advantages of homeownership included in the survey are having the best overall tax situation and being able to live within your...

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Here’s a look at what four experts told the Wall Street Journal after reviewing last week’s report. Michael Feroli, JPMorgan Chase: “The powerful tailwind of the reopening...

The 15th annual Tom Thumb Bull and Cow Dolphin Tournament is to challenge anglers in the Middle Keys Friday through Sunday, April 30 through May 2, with cash and prizes up for grabs. Florida Keys Newsroom

The Florida Keys & Key West are experiencing an active spring with added airlift into Key West, new accommodations that include overnight Airstream campers for fun with family and friends, and outdoor experiences that include the launch of Islamorada’s first coral dive and transplant activities.Florida Keys Newsroom

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash. However, there are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic differences. 1. Mortgage standards are nothing...

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to put 20% down, it’s important to understand how a larger down payment can have great benefits too. The truth is, there are many programs available that allow you to put down as little as 3.5%, which can be a huge benefit to those who want to purchase a home sooner rather than later. Those who have...