What Mortgage Rate Do You Need To Move?
If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some...
Posts Tagged ‘mortgage rates’
GET READY TO BUY A HOME BY IMPROVING YOUR CREDIT SCORE
As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit s...
DECEMBER 2023 – RESIDENTIAL MARKET UPDATE
Are home loan values expected to drop in 2024? This is a common concern in the real estate market, which is always evolving. Despite uncertainties for buyers and sellers, with low loan defaults, historically low housing inventory, and the Feder...
November 2023 – Residential Housing Market Update
The US economy is showing signs of softening, aligning with Federal Reserve's expectations over the past months. Consequently, the housing industry, which has been grappling with a recession since mid-2022, is experiencing significant relief.
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Helping Our Heros Achieve Their Homeownership Dreams
For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the military, it's essential to learn about this program and its advantages.
Th...
OCTOBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE
Mortgage rates continue to rise, and inventory continues to decrease. The Federal Reserve will be meeting again on November 1st and the uncertainty on whether they will raise rates or not is causing mortgage rates to trend higher. Mixed messagi...
SEPTEMBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE
I couch U8 girls soccer and one of the things I say to keep them focused is, "If the ball is moving, you're moving." The game strategy is always changing based on the location of the soccer ball, and in many ways, the housing market is the same...
Mortgage Rates: Past, Present and, Possible Future
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a goo...
August 2023 Residential Housing Market Update
The bond market rallies as job reports come in lower than expected. When the bond market rallies so do mortgage rates, which are coming off a 20-year high. In a market that is always moving we welcome positive news.
If you're looking to buy ...
DON’T EXPECT A FLOOD OF FORECLOSURES
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. ...