Sometimes, you may find that your house is a long way from becoming your home. Enter FDM’s full suite of products designed to assist you in realizing your dream. From a freshening or addition to full-scale ground-up construction, allow us to guide you through the complex world of renovation and construction lending... Read More
Whether you’re a first-time homebuyer or seasoned investor, Fidelity Direct Mortgage has your financing solution waiting. We’ve assisted thousands of borrowers just like you purchase their forever home or further their legacy by investing in real estate. Let our team of professionals go to work for you, on your time, and on your terms... Read More
It’s no secret that the key to generational wealth is proper management of your home’s equity. This comes in many different forms, such as refinancing to better your rate and term, OR, unlocking the potential of your home’s equity... Read More
Service. Programs. Rates. These are the three key drivers to any mortgage company’s success, including Fidelity Direct Mortgage. Most mortgage companies today can offer these, so what is The FDM Difference? How does FDM make this ideology come to life, resulting in thousands of satisfied clients and partners? Put simply, it’s our people. Each team member that touches your loan, from consultation to closing and beyond, shares the same goal – To create a lifelong relationship with you, our valued clients. From our ability to execute on even the toughest of loans to our united commitment in delivering an unparalleled experience to all parties of the transaction, these are the key components to our longevity and success. Welcome to Fidelity Direct Mortgage. Welcome Home.
Calculate your monthly payment for fixed rate or adjustable rate loans.
Let’s Face it! Buying your first home can be challenging and confusing. But know that there is help. There are down payment assistance, loan programs, State/County tax breaks designed around First time Home buyers. Read More
The Link Loan Program was created to help a large percentage of population that have had credit or other challenges that do not fit in Agency Guidelines AND they do not have access to 30 percent or more of purchase price... Read More
Sept 16, 2023
“Ba-dee-ya, say do you remember? Ba-dee-ya dancin in September. Now December found the love we shared in September.” These are the classic lyrics to the iconic Earth, Wind and Fire song September. September, one of my favorite songs, got me thinking about the state of the housing market. Yes, mortgage rates have moved back up slightly. Yes, property values increased this, Summer.
Ba-dee-ya let’s get dancing in September. Based on the 2022 U.S. Housing Market Data the best months to buy a house year-over-year are from September through February! This is partially due to the holiday season, seasonal changes in pricing, and homebuyer competition declining that create a short downswing in the real estate market—this is especially advantageous for buyers. Additionally, many families want to settle in a new house before the start of the school year in the fall, so they exit the market opening doors for buyers still in the market.
If you are dancing in September, what is the love we share in December? The love of your new home! While the market remains hot, historically you have a better opportunity to find better value September through February than you do during the spring homebuying season. The majority of price reductions occur during the winter while the more properties sold above the listing price from March to August. For example, only 23% of homes sold above the listing price in December 2022, as opposed to 59.1% in May 2022.
There is still time to make your goal of becoming a homeowner in 2023 happen. What is stopping you from taking the first step to financial freedom in 2023? Worried about interest rates? Homeownership is still more affordable than renting today. The FDM Purchase Power Program locks in your rate while you shop for your new home.
Ba-dee-ya…..there is still time to find your dream home in 2023. Questions about Interest Rates, Cash-to-Close or Credit? Ask your FDM Mortgage Professional for assistance today.