There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” […]
Where Are Mortgage Rates Headed? Read More »
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll need
What You Need To Budget for When Buying a Home Read More »
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard
Don’t Get Caught Off Guard by Closing Costs Read More »
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. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has
How Global Uncertainty Is Impacting Mortgage Rates Read More »
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time home
Down Payment Assistance Programs Can Help You Achieve Homeownership Read More »
When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s
Want Top Dollar for Your House? Now’s the Time To List It. Read More »
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you the answers you’re
Don’t Let Student Loans Delay Your Homeownership Dreams Read More »
Long-Term US Mortgage Rates Hold This Week SILVER SPRING, Md. (AP) — Average long-term U.S. mortgage rates were essentially flat this week after jumping nearly a half percent the past two weeks as lenders anticipated the Federal Reserve’s announcement of pending rate increases. The average rate on the 30-year loan ticked down to 3.55% from
If you’re planning a move in 2022, now’s the perfect time to start getting your house in order. Before investing in repairs and upgrades, consult me to determine your home’s value. Use this information to set a budget, then consider these tips to get your house ready to show: FIRST IMPRESSIONS ARE EVERTHING – Spruce
WHEN SELLING YOUR HOUSE, MAKE IT SHINE! Read More »
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost
WHY A WAVE OF FORECLOSURES IS NOT ON THE WAY Read More »
