Interest Rates

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Interest Rates Over Time [INFOGRAPHIC]

By |2020-02-21T11:00:17+00:00February 21st, 2020|

Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly mortgage payment is significant.

The #1 Misconception in the Homebuying Process

By |2020-02-20T11:00:19+00:00February 20th, 2020|

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned

How Buyers Can Win By Downsizing in 2020

By |2020-01-22T17:23:34+00:00January 22nd, 2020|

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at

Home Prices Increase in Every Price Range

By |2019-09-17T10:00:50+00:00September 17th, 2019|

Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also

Experts Predict a Strong Housing Market for the Rest of 2019

By |2019-08-26T10:00:40+00:00August 26th, 2019|

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown

3 Powerful Reasons to Buy a Home Now

By |2019-07-26T17:03:40+00:00July 25th, 2019|

  Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.   1. Affordability Many people focus solely on price when talking about home affordability. Since home prices have appreciated throughout

Mid-Year Housing Market Update: Three Things to Know Today

By |2019-07-26T17:04:12+00:00July 24th, 2019|

Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon, here are the top three things to put on

What Experts are Saying About the Current Housing Market

By |2019-07-26T17:04:40+00:00July 23rd, 2019|

We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. Here’s what some have to say: Danielle Hale, Chief Economist at realtor.com “Lower mortgage rates, higher wages and more homes for sale

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

By |2019-07-22T18:35:24+00:00July 19th, 2019|

Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream

Should I Refinance My Home?

By |2019-07-16T10:00:38+00:00July 16th, 2019|

With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest