Rising mortgage rates are forcing buyers off of the fence to make a purchase before rates and prices climb higher. Here's why...
Homebuyers: how to win in today’s market
Two Ways Homebuyers Can Win in Today’s Market If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a …
How Upset Should you be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up in rate should …
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How Smart Is It to Buy a Home Today?
Whether you’re buying your first home or selling your current house, if your needs are changing and you think it could be time for a move, the decision can definitely feel complicated (and overwhelming).. You need to take personal and professional considerations into account, and only you can judge what impact those factors should have …
Should I Wait for Lower Mortgage Interest Rates?
Should I Wait for Lower Mortgage Interest Rates? Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for …
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Homes are More Affordable Right Now than they have been in Years.
Homes Are More Affordable Right Now Than They Have Been in Years Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as …
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Mortgage Interest Rates at Five Decade Low!
What you do today can improve all your tomorrows. -Ralph Marston With mortgage interest rates hovering at near historic lows, now is a great time to look back at where rates have been to truly appreciate where rates are now. Mortgage rates are now averaging around 3.5% - they are hovering near a …
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Rethinking the Economic Slowdown Forecast
Mainstream Concerns about an Economic Slowdown Revisited Recently, KCM (Keeping Current Matters) reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a …
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Be Home. Be Well. 