For Buyers

How a Change in Mortgage Rate Impacts Your Homebuying Budget

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"HowMortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased […]

How a Change in Mortgage Rate Impacts Your Homebuying Budget Read More »

Buyer & Seller Perks in Today’s Housing Market

For Buyers, For Sellers, Housing Market Updates, Interest Rates /

\"BuyerRight now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to […]

Buyer & Seller Perks in Today’s Housing Market Read More »

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"WhyFor generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price […]

Why You Should Think About Listing Prices Like an Auction’s Reserve Price Read More »

Should We Fear the Surge in Cash-Out Refinances?

For Buyers, For Sellers, Housing Market Updates /

\"ShouldFreddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for a new one […]

Should We Fear the Surge in Cash-Out Refinances? Read More »

What Credit Score Do You Need for a Mortgage?

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhatAccording to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for […]

What Credit Score Do You Need for a Mortgage? Read More »

What Is the Strongest Tailwind to Today’s Recovering Economy?

For Buyers, For Sellers, New Construction /

\"WhatLast year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two […]

What Is the Strongest Tailwind to Today’s Recovering Economy? Read More »

What Is the #1 Financial Benefit of Homeownership?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates /

\"WhatThere are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is […]

What Is the #1 Financial Benefit of Homeownership? Read More »

How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers /

Some Highlights

With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home.
Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in ch…

How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC] Read More »

Sign up
Sign up