Interest Rates Archives - Page 4 of 16

Sellers Have Incredible Leverage in Today’s Market

November 2, 2021 - General Information

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts [...] Read More

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Monica Foster November 2, 2021

Housing Challenge or Housing Opportunity? It Depends.

October 28, 2021 - General Information

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many [...] Read More

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Monica Foster October 28, 2021

The Big Question: Should You Renovate or Move?

October 13, 2021 - General Information

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want [...] Read More

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Monica Foster October 13, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

October 12, 2021 - General Information

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity [...] Read More

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Monica Foster October 12, 2021

What’s Causing Today’s Competitive Real Estate Market?

October 8, 2021 - General Information

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying [...] Read More

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Monica Foster October 8, 2021

The Main Key To Understanding the Rise in Mortgage Rates

October 5, 2021 - General Information

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three [...] Read More

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Monica Foster October 5, 2021

Two Reasons Why Waiting a Year To Buy Could Cost You

September 23, 2021 - General Information

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a [...] Read More

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Monica Foster September 23, 2021

Have You Ever Seen a Housing Market Like This?

September 17, 2021 - General Information

Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the [...] Read More

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Monica Foster September 17, 2021

Fact or Fiction: Homebuyer Edition

September 10, 2021 - General Information

Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and [...] Read More

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Monica Foster September 10, 2021

Reasons You Should Consider Selling This Fall

September 7, 2021 - General Information

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here [...] Read More

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Monica Foster September 7, 2021

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