Interest Rates

Nov. 8, 2021

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates?

 

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, …

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Nov. 4, 2021

Why a Wave of Foreclosures Is Not on the Way?

 

Why a Wave of Foreclosures Is Not on the Way

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen.

There are …

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Nov. 3, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022?

 

Experts Project Mortgage Rates Will Continue To Rise in 2022

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit …

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Nov. 2, 2021

Sellers Have Incredible Leverage in Today’s Market?


Sellers Have Incredible Leverage in Today’s Market

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

“Housing demand …

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Oct. 29, 2021

The Mortgage Process Doesn’t Have To Be Scary?

 


The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare.
  • Know your credit score and work to build strong credit. When you’re ready, lean …
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Oct. 28, 2021

Does Your House Have What Buyers Want??

 


Does Your House Have What Buyers Want?

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs.

As …

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Oct. 27, 2021

Housing Challenge or Housing Opportunity? It Depends.?

 

Housing Challenge or Housing Opportunity? It Depends.

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically.

There are many reasons …

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Oct. 26, 2021

There Are More Homes Available Now than There Were This Spring?

 

There Are More Homes Available Now than There Were This Spring

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end …

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Oct. 21, 2021

Important Distinction: Homes Are Less Affordable, Not Unaffordable?

 

Important Distinction: Homes Are Less Affordable, Not Unaffordable

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes …

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Oct. 20, 2021

Looking To Move? It Could Be Time To Build Your Dream Home.?


Looking To Move? It Could Be Time To Build Your Dream Home.

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly …

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