Advice for Homebuyers Concerned About High Mortgage Rates
The current U.S. weekly average for mortgage rates on a 30-year loan as of 4/26/2024 is 7.17%. Like most homebuyers, you probably find these high mortgage rates discouraging. ... More
Spring Is in the Air: Is the Housing Market Thawing?
Historically, the housing market typically slows to a crawl during the winter months — and this year’s winter season was especially slow. However, the spring home buying season is officially underway, and many are excited that this may mark a major rebound for the real estate industry ... More
If Mortgage Rates Are Dropping: Should Homebuyers Shop Now or Wait?
You may have heard that mortgage rates are dropping and thought, “This is the perfect time to start shopping for a home.” The question is, should you jump into action now or wait until spring is in full swing before resuming your search for a new house? More
A Boost in Homebuilder Sentiment as Mortgage Rates Trend Down
The housing market has been turbulent over the last few years, to say the least. Homebuilders were finally ramping up construction to keep up with surging demand. Then, mortgage rates shot into the stratosphere. As a result, many homebuilders pumped the brakes, which made the shortage worse. More
10 Mortgage Terms You Will Hear During the Loan Process
Searching for your dream home should be fun, but it’s easy to get weighed down by an endless sea of unfamiliar abbreviations like “APR,” “PMI,” or “LTV.” For this reason, first-time homebuyers often find the process daunting or unachievable. The good news is that there are ... More
5 Ways You Can Save Money on Your Mortgage
Since mortgage loan interest rates began to climb a couple of years ago, homebuyers around the country have been looking for more ways to save. Saving money on your mortgage starts with choosing the right ... More
Interest Rates are Up, So Why Buy Now?
Rising interest rates have caused some potential homebuyers to hit pause while shopping for a new house. It’s a predictable reaction to the cataclysmic swing in the market since mid-2021. As of November 2022, loan interest rates are More
Pros & Con of Buying a Home Today
So you had made up your mind that it was time to purchase your first home or maybe you were going to move up, out, or into a new location and suddenly mortgage rates nearly doubled! While it may seem logical ... More
