by hjadmin | Mar 30, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at...
by hjadmin | Mar 26, 2021 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing, Selling Myths
Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market....
by hjadmin | Mar 25, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves...
by hjadmin | Mar 24, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then...
by hjadmin | Mar 23, 2021 | For Buyers, For Sellers, Housing Market Updates
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia,...
by hjadmin | Mar 22, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to...
