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Dec. 28, 2022

What you need to know about applying for a mortgage

 

 

 

 

 

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list …

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Dec. 7, 2022

Strategize now to sell in the spring (January)

 

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Historically, the last few weeks of the year aren’t the most active on the real estate calendar. But the spring market, which can begin as early as mid-January, brings a spike in …

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Nov. 30, 2022

Are foreclosures coming?

 

 

 

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and …

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Nov. 23, 2022

Lets discuss mortgage rates

 

 

 

 

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact …

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Nov. 16, 2022

Why does your home equity make you strong

 

 

 

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First Americansays:

“. . . don’t expect a housing …

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Nov. 2, 2022

Mortgage rate expectations into 2023

 

Mortgage Rate Trend Chart 2022 October 27

 

After more than doubling this year, mortgage rates are expected to retreat in 2023, according to an updated forecast from the Mortgage Bankers Association.

MBA’s economists also said they expect the US to enter into a recession in the first part of next year …

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Oct. 19, 2022

Supply and demand update

 

 

 

 

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point.

The …

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Oct. 12, 2022

What experts are saying about the fall housing market

 

    Money: Shutterstock

 

 

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.

To help …

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Oct. 4, 2022

The cost of waiting for mortgage rates to do down

 

 

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

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Sept. 27, 2022

Understanding inflation and mortgage rates

 

 

 

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

Inflation and the Housing Market

This year, inflation reached a high not seen in 

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