Are you waiting for the rates we saw in 2021 which went under 3%? Well, you may never buy. Almost every economist has predicted that the 3% and under mortgage rate will probably never return. This is because the tremendous low rates were triggered by a unique, unforeseen set of circumstances that began with a
Are You Waiting For Mortgage Interest Rates To Go Under 3% ? Read More »
The Timeless Appeal of Homeownership: Why Buying a Home is Worth It Owning a home has long been considered a significant milestone and a cherished dream for many. Beyond the tangible benefits, there’s a sense of pride, security, and belonging that comes with homeownership. In this blog post, we explore the enduring reasons why buying
The Timeless Appeal of Homeownership! First-time Homebuyers and Why It’s Worth It! Read More »
Spring is believed to be the busiest season of the year in the real estate market. For sellers, listing in the spring provides an opportunity to take advantage of the notable increase in buyer demand. As for buyers, there’s much more inventory to select from in the spring. Here are a few tips on how to prepare for
How to prepare if buying or selling Read More »
The spring housing market can fierce and competitive for home buyers. In a competitive market, it’s essential to be flexible. That could mean going with a fixer-upper, even if you imagined a move-in-ready dream home. There are just more of them out there. The number of starter homes on the market is shrinking, but there
BUYERS ARE BACK- It’s a Sellers Market Again Read More »
Why You Might Not Want to Get too Excited (or Nervous) About a Housing Crash (2/17/23) Rising interest rates and slightly lower demand in the market has caused many people to believe that a housing crash is imminent. Despite some signs that the market is slowing down, you shouldn’t get too worried or excited about
Why you might not want to get too excited (or nervous) about a housing crash Read More »
Mortgage rate dip brought many buyers and sellers back into the market. Inventory is still higher than last year and days on market keep increasing. Sellers are adjusting to the current market – 40% of active listings have reduced their original asking price. See full report here: https://brightmls.com/article/12040 Please reach out to me if you
Market Update December 2022 Read More »
Increase your credit score Pull your credit and do all you can to raise your credit score. The better your credit score the better rate a lender will give you. Mid to upper 700’s will open the door for lower rates! Shop around for lenders and financing options Lenders set their own rates, some are
how to deal with increased mortgage rates Read More »
Most mortgages have a term of 15 or 30 years. However, if you want to buy a more expensive house than you could afford with one of those loan options, you might be able to purchase your dream home with a 40-year mortgage. You could have a hard time finding such a loan, though, and
Pros and cons of a 40-year mortgage Read More »
