Interest rates

Home Selling The Two Big Issues the Housing Market’s Facing Right Now! The Two Big Issues the Housing Market’s Facing Right Now Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding the right property.” Rate-Locked Homeowners According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4% (see graph below):     […]
Interest rates How global uncertainty is Impacting Mortgage Rates? If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. Global uncertainty can have a significant impact on mortgage rates. When there is a high level of uncertainty in the global […]
Buying Three things to consider to help you’re your homeownership goals a reality. If you’re thinking of buying a home or have been trying to recently, that’s a big increase in monthly mortgage payment – and it may be causing you to press pause on your plans. This jump is making homes less affordable, especially compared to the last two years when mortgage rates were at historic lows. […]
Interest rates Are Mortgage Rates Going To Go Down? Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]
Interest rates Rising Mortgage Rates – What you should know about Mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off […]
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