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Posts Tagged ‘housing market’

Mortgage Rates: Past, Present and, Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a goo...

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August 2023 Residential Housing Market Update

The bond market rallies as job reports come in lower than expected. When the bond market rallies so do mortgage rates, which are coming off a 20-year high. In a market that is always moving we welcome positive news.

If you're looking to buy ...

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DON’T EXPECT A FLOOD OF FORECLOSURES

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. ...

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WHAT HOMEBUYERS NEED TO KNOW ABOUT CREDIT SCORES

Your Credit Score
If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on...

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APRIL 2023 RESIDENTIAL HOUSING MARKET UPDATE

What do home sellers and homebuyers need to know in the current market?
Mortgage rates are currently on a downward trend and economic indicators suggest that trend could continue. The Federal Reserve is meeting on May 3rd and the market is exp...

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February 2023 Residential Housing Market Update

The housing market is a roller coaster right now all thanks to mortgage rates!

The Fed's had their meeting on February 1st and the market responded favorably after the Fed's Fund rate increased by only a quarter percent, as expected.

The ...

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