If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much … Read more
This a very detailed explanation of why will continue to see rates to rise in the near future- bottom line – to take advantage of the purchasing power of the lower rates – the time to buy is now! Due to the Fed’s recent comments on raising interest rates and the speed at which they … Read more
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
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
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
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
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
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
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
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