February 2024 Real Estate and Mortgage Report
There is a narrative we must combat in the real estate market. The latest Fannie Mae report showed 24% of consumers believe their prices are going to depreciate over the last 12 months. We actually had a very strong 2023 and we’re going to finish this year between five and six percent appreciation. Insights […]
Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really […]
January 2024 Real Estate and Mortgage Report
The real estate market remains strong, bolstered by the recent drop of mortgage rates. Home prices are expected to continue their upward trajectory in 2024, with most markets reaching new price highs. Insights It appears that mortgage rates are now falling again. They will almost certainly not fall to pandemic lows, although we may soon […]
What Lower Mortgage Rates Mean for Your Purchasing Power
If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent […]
Own Your Mortgage Journey: 4 tips to guide your 2024 mortgage pre-approval
Spring in 2024 is blooming, and with it, the dreams of homeownership. But before you dive headfirst into house hunting, there’s one crucial step: mortgage pre-approval. Our mortgage pre-approval guide for 2024 is your golden ticket gives you an edge in a competitive market, but navigating the process can feel like a labyrinth. Don’t worry, […]
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 score. Lenders review your credit to assess your ability to make […]
Expert Quotes on the 2024 Housing Market Forecast
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But […]
December 2023 Real Estate and Mortgage Report
Topics: Introduction: Current State of the Real Estate Market 2024 Home Price and Sales Forecasts Mortgage Rates and Buyer Demand Home Affordability and Market Dynamics Opportunities for Home Buyers in the Current Market Conclusion: Invitation for Personal Consultation VIEW THE REPORT Introduction: Current State of the Real Estate Market As we approach the end of […]
Navigating Uncertain Waters: Choosing Between a 2/1 Rate Buydown and Permanent Rate Buydown in Today’s Market
Navigating Uncertain Waters: Choosing Between a 2/1 Rate Buydown and Permanent Rate Buydown in Today’s Market In the ever-fluctuating world of real estate and mortgage rates, making informed decisions is crucial, especially in an uncertain rate environment. Today, we delve into the intricacies of choosing between a 2/1 rate buydown and a permanent rate buydown. […]
The Smartest Homebuying Strategy in 2024 is Happening Now
As the final months of your rental agreement disappear, you stand at a pivotal crossroads—take the bold step into homeownership or renew your renter status. With the buzz of potential mortgage rate reductions, 2024 could be the opportune time to establish your homestead. A Look Back Mortgage rates have historically taken a dip from November […]
November 2023 Real Estate and Mortgage Report
Topics: Introduction: Navigating the Current Market Home Price Trends: Stability Amidst Uncertainty Mortgage Rate Movements and Affordability The Rise of Multi-Generational Living Inventory and New Listings: A Glimmer of Hope The Future of Homeownership: Millennials and Gen Z Conclusion: Your Path to Homeownership VIEW THE REPORT Introduction: Navigating the Current Market In the November […]
Guide to Using Home Equity for Credit Card Debt: Debunking Myths & Money Management Tips
Debunking Myths: Using Home Equity to Clear Credit Card Debt – An In-depth Guide on Money Management In today’s rapidly evolving financial landscape, homeowners often face the dilemma of leveraging their home equity to pay off looming credit card debts. With inflation squeezing household budgets tighter, let’s dive into the facts and myths surrounding this […]
