Interest Rates Archives - Page 2 of 16

Key Terms for Homebuyers

March 11, 2022 - General Information

Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to [...] Read More

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Monica Foster March 11, 2022

Key Factors That Impact Affordability Today

March 9, 2022 - General Information

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean [...] Read More

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Monica Foster March 9, 2022

How Global Uncertainty Is Impacting Mortgage Rates

March 8, 2022 - General Information

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, [...] Read More

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Monica Foster March 8, 2022

4 Simple Graphs Showing Why This Is Not a Housing Bubble

February 17, 2022 - General Information

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during [...] Read More

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Monica Foster February 17, 2022

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

February 2, 2022 - General Information

Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the [...] Read More

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Monica Foster February 2, 2022

Owning Is More Affordable than Renting in the Majority of the Country

January 31, 2022 - General Information

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning [...] Read More

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Monica Foster January 31, 2022

With Mortgage Rates Climbing, Now’s the Time To Act

January 19, 2022 - General Information

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a [...] Read More

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Monica Foster January 19, 2022

Sellers: Don’t Wait Until Spring To Make Your Move

January 18, 2022 - General Information

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get [...] Read More

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Monica Foster January 18, 2022

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

January 11, 2022 - General Information

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns [...] Read More

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Monica Foster January 11, 2022

Why Waiting To Sell Your House Could Cost You a Small Fortune

January 5, 2022 - General Information

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected [...] Read More

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Monica Foster January 5, 2022

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