Interest Rates

Should I Wait for Lower Mortgage Interest Rates?

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

\"ShouldHistorically 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 […]

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Why Right Now May Be the Time to Sell Your House

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

\"WhyThe housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is […]

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4 Reasons People Are Buying Homes in 2021

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

\"4According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. Here are […]

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What Does 2021 Have in Store for Home Values?

For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing /

\"WhatAccording to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained […]

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The Importance of Home Equity in Building Wealth

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy /

\"TheHomeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is built, in large part, through […]

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Why Not to Wait Until Spring to Make a Move

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

\"WhyThe housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some […]

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Four Expert Views on the 2021 Housing Market

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

\"FourThe housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I […]

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The Difference a Year Makes for Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Rent vs. Buy /

\"TheOver the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option is to consider moving […]

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The Do’s and Don’ts after Applying for a Mortgage

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

\"TheOnce you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – […]

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