What Is The Deal With Interest Rates?

Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a homeContinue reading “What Is The Deal With Interest Rates?”

If You’re Thinking of Selling Your Home and It’s Not Listed, You’re Missing Out On Potential Buyers.

Homeowners: Now Is A Good Time To Sell Your House Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stableContinue reading “If You’re Thinking of Selling Your Home and It’s Not Listed, You’re Missing Out On Potential Buyers.”

Is it Really a Good Time to Sell My Home?

Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennialsContinue reading “Is it Really a Good Time to Sell My Home?”

Buying a Home When You’re Younger Increases Your Odds of Building Wealth

Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults. Half theContinue reading “Buying a Home When You’re Younger Increases Your Odds of Building Wealth”

The Absolute First Step When Buying a Home.

Buying a House This Year? This Should Be Your 1st Step! In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buyingContinue reading “The Absolute First Step When Buying a Home.”

Thinking of Selling Your Home Yourself? Think Again.

In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers. Here are the top five reasons:Continue reading “Thinking of Selling Your Home Yourself? Think Again.”

Buying a Home This Year? Keep an Eye on These Factors.

As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you needContinue reading “Buying a Home This Year? Keep an Eye on These Factors.”

I hate paying interest on my mortgage. Let me show you how to save some money..

One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life ofContinue reading “I hate paying interest on my mortgage. Let me show you how to save some money..”

My Credit is a Little Rough. What Should I Do? 

Tips for Raising Your Credit Score Welcome back to my blog everyone! The topic I want to dig into this week is credit. Why do you need it? Why is it important? Does it really have an impact on getting approved for a loan or not? Want to see what your credit is currently at for thatContinue reading “My Credit is a Little Rough. What Should I Do? “

I can afford the home, but I can’t afford the entire down payment. What should I do?

  AFMSI d/b/a Region Mortgage NMLS ID 179785 Little down payment does not mean they are an unqualified buyer Welcome back everyone! This week I want to discuss something that comes up quite frequently in my line of work. I hear it constantly from 1st time home buyers. They have a good job, they pay theirContinue reading “I can afford the home, but I can’t afford the entire down payment. What should I do?”