If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve.
Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.
What’s Ahead for Home Prices in 2023
Over the past year, home prices have been a widely debated topic.
Learn The 4 Tricks To Choosing The Right Mortgage Lender For You | Team Success Listing LLC
Learn The 4 Tricks To Choosing The Right Mortgage Lender For You | Team Success Listing LLC Buying a home is an exciting experience, but it can also be stressful, especially when it comes to choosing a *mortgage lender. The right lender can help you secure the financing you need to purchase your dream home […]
What Buyer Activity Tells Us About the Housing Market
Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home.
What You Should Know About Rising Mortgage Rates
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
The Two Big Issues the Housing Market’s Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:
The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.
Mortgage Rates Are Likely To Fluctuate In Davison MI, But They Have Dropped Slightly In Recent Weeks
Mortgage Rates Are Likely To Fluctuate In Davison MI, But They Have Dropped Slightly In Recent Weeks Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the […]