by hjadmin | Nov 8, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t...
by hjadmin | Nov 3, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in...
by hjadmin | Nov 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a...
by hjadmin | Oct 29, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you...
by hjadmin | Oct 25, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to...
by hjadmin | Oct 21, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less...
