Home buying itself can be stressful. On top of it all, home buyers must navigate mortgage rates and the ups and downs of the current housing market. It’s a lot to think about for anyone looking to buy a home, and especially first time home buyers. Anyone stepping into the housing market, and starting a…
With the Federal Reserve announcing another rate hike last week, we are watching to see what this will mean for mortgage rates and the housing market in general. The good news, it appears this may be the last hike according to several articles we found online. Okay, no one can guarantee what the Fed will…
Interest Rate Hikes Lead to Questions With yesterday’s news that the Federal Reserve (aka the Fed) may raise interest rates again, many homebuyers may be considering what their next move is. Do they continue to house hunt? Is now still the right time to buy a home? Should they leap at the next house that…
As 2022 comes to a close and we sit back to reflect on the ups and downs of this year’s housing market, we can’t help but wonder what’s in store for 2023. According to several articles and predictions we’ve browsed, 2023 could be tough for both buyers and sellers. A recent article posted on Bankrate…
Note: This article by Lawrence Yun has been reprinted from the Spring 2022 issue of Realtor Magazine, with permission of the National Association of REALTORS®. Calmer Market Ahead Expect some easing in sales, though prices will continue to inch higher By Lawrence Yun (originally printed in the Spring 2022 issue of Realtor Magazine) The…
In today’s post we address mortgage rates, where they are headed and what this will mean for the real estate industry; particularly buyers, sellers and home prices. Mortgage rates were expected to rise in 2022. At an all-time low in 2021, many forecasted that mortgage rates would rise gradually and end this year in the…
A strong seller’s market has home equity hitting new highs. Interest rates remain low and buyers are not the only ones hoping to take advantage. These facts have homeowners wondering if now might be the right time for them to refinance their mortgage and pull out cash. According to CoreLogic, a provider of consumer,…
Have you been watching the real estate market and wondering if now is the time for you to step up and purchase a home? Or maybe you are thinking you should wait until next year… According to a recent Infographic created by Keeping Current Matters with stats from CoreLogic, Freddie Mac and Bankrate, there may…
