The Go2Team

Why Mortgage Rates Keep Increasing – Update

Rates have increased a full 1.0% since December 3rd, 2021. Why are interest rates going up? Of course, there is a simple and not so simple answer. Here is the simple answer: The FED (Federal Reserve) has a board that makes decisions on short-term interest rates. The FED plans to raise short-term rates in .25% increments. The problem is … Read more

What the Heck are Interest Rates Doing?

From our trusted lender partner, The Dean Team’s Joshua Dean of Homeowners Financial: I feel the need to discuss something that is happening in the market. As many of you have likely heard, Interest Rates are on the move again.  Sirens have long be sounded about this day coming.  Contrary to the general sentiment though, the … Read more

What Crypto, NFTs and the rest mean for Real Estate

Where will you live when we’re all in the metaverse? Putting the ‘real’ back in real estate Real estate agents are selling property in the metaverse. Buyers are purchasing traditional homes with cryptocurrency. Companies are creating non-fungible tokens (NFTs) as digital titles for real properties. How can you wrap your head around all of these technologies in a way that’s … Read more

Why Mortgage Rates Keep Increasing

Rates have increased a full 1.0% since December 3rd, 2021. Why are interest rates going up? Of course, there is a simple and not so simple answer. Here is the simple answer: The FED (Federal Reserve) has a board that makes decisions on short-term interest rates. The FED plans to raise short-term rates in .25% increments. The problem is … Read more

Achieving the Dream of Home Ownership

Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and flourish. Today, we remember the legacy of Dr. Martin Luther King, … Read more

Home Improvement Trends That Will Pay Off In 2022

Over the past year-plus, we’ve seen growing investment in home improvement. The demand for kitchen remodels, in particular, has been increasing at a steady pace over the past few years as homeowners realize how much value a well-designed kitchen can add to their homes…2022 is shaping up to be another big year for Home Improvement. … Read more

Second Home Loan Changes!

From our lender partner, Travis Johnson:  The FHFA (Federal Housing Finance Administration) announced targeted increases to second home loans in 2022. The new fees will go into effect for deliveries beginning April 1, 2022. Once a loan closes it typically takes a lender 2 weeks on average to sell it to Fannie Mae or Freddie Mac. … Read more

What are rates doing?

From our trusted lender partner, The Dean Team’s Joshua Dean of Homeowners Financial: I feel the need to discuss something that is happening in the market. As many of you have likely heard, Interest Rates are on the move again.  Sirens have long be sounded about this day coming.  Contrary to the general sentiment though, the … Read more

Waiting for the perfect time to buy can be tricky!

In today’s market, the demand for housing remains very strong, and property values continue to appreciate at a surprisingly fast pace. A home purchase is a big decision, and potential buyers have many factors to consider on the path to homeownership. However, if home mortgage rates increase while you are still deciding, so too will … Read more

Loan Forbearance – How will it effect the market?

Breaking Down the Results of Forbearance on the Real Estate Market: Overall about 5 million households took advantage of forbearance.1.5 million remain in forbearance and will be exiting soon I suppose. HERE IS THE BREAKDOWN OF THE FORBEARANCE EXITS:• 28% went into deferral plan or partial claim• 23% stayed current & did not miss a … Read more