Interest Rates

24 Hours that Suddenly Improved the Market

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

\"24This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. […]

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How to Save Thousands of Dollars in Interest on Your Mortgage

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

\"HowOne of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of […]

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What If I Wait A Year to Buy a Home?

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

\"WhatNational home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over […]

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Why Has Housing Supply Increased as Sales Have Slowed Down?

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

\"WhyAccording to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this […]

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2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling

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

\"2When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the top two factors […]

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Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

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

\"MortgageMortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies […]

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Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

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

Some Highlights:

The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.2% by the third quarte…

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Where Are Mortgage Interest Rates Headed In 2019?

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

\"WhereThe interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]

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What Does the Future Hold for Home Prices?

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

\"WhatHome prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as well as what we know about […]

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