How Sellers Win When Housing Inventory Is Low In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than homes available for sale, Continue Reading about How Sellers Win When Housing Inventory Is Low
Interest Rates
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates With the average 30-year fixed mortgage rates from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do Continue Reading about Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
Experts Project Mortgage Rates Will Continue To Rise in 2022
Experts Project Mortgage Rates Will Continue To Rise in 2022 Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over the past few weeks, Continue Reading about Experts Project Mortgage Rates Will Continue To Rise in 2022
What You Should Do Before Interest Rates Rise
What You Should Do Before Interest Rates Rise In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s Continue Reading about What You Should Do Before Interest Rates Rise
Are Mortgage Rates Expected to Rise Over the Next Year?
Are Mortgage Rates Expected to Rise Over the Next Year? So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to Continue Reading about Are Mortgage Rates Expected to Rise Over the Next Year?
Buying a Home Today… How Smart Is It?
How Smart Is It to Buy a Home Today? Is buying a home today a smart move? Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to Continue Reading about Buying a Home Today… How Smart Is It?
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 the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win if you’re Continue Reading about Should I Wait for Lower Mortgage Interest Rates?
Real Estate in 2021: 3 Reasons to Be Optimistic
Real Estate in 2021: 3 Reasons to Be Optimistic This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their space and Continue Reading about Real Estate in 2021: 3 Reasons to Be Optimistic
