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A Brighter Future – Market Update!
Today's mortgage scene is looking a bit brighter! The average rate for a 30-year fixed mortgage is now 6.51%, a small drop from last week. Meanwhile, the 15-year fixed rate is sitting at 5.91%, also down slightly. With inflation finally cooling off and the job market...
What is a Mortgage Recast?
What is a Mortgage Recast? If you're wanting to reduce your monthly mortgage payment without refinancing, mortgage recasting might be the answer you're looking for. By making a lump sum payment towards your principal balance, you can effectively lower your monthly...
6 Mortgage Terms for First-Time Borrowers
When you begin the journey to purchase your first home, securing a mortgage is likely on your to-do list. Navigating the mortgage process for the first time can feel like learning a new language. To help you get started, here are six essential mortgage terms you need...
Beat The Heat – Top 5 Reasons to Buy a Home During Spring
Springtime brings more than just blooming flowers and warmer weather—it's also an ideal season to consider purchasing a home. From favorable market conditions to the vibrant atmosphere, here are the top five reasons why spring is the perfect time to make your move in...
Two Key Factors that Impact Mortgage Rates
If you're in the home-buying market, you're probably keeping a close eye on mortgage rates. These rates have been on a wild ride in recent years, hitting historic lows, surging, and now gradually coming back down. But what's driving these fluctuations? The answer is...
Must-Have Skills for Your Listing Agent
Selling your house is a big decision. It's a mix of excitement and nerves all bundled up. A key factor in ensuring a successful sale is finding the right listing agent who can expertly navigate you through the process. A listing agent, also known as a seller's agent,...
What’s Behind the Housing Inventory Shortage?
Ever wondered why finding a house to buy feels like searching for a needle in a haystack these days? It's a legit question, and you might be thinking about waiting for better times, but hold on a sec – that might not be the smartest move. Here's the lowdown. First...
The New Normal: Are Homebuyers Getting Used to Interest Rates
Before you decide to sell your house, it’s important to have an understanding of the current housing market. One trend we are noticing is that homebuyers are starting to adapt to today’s mortgage rates and appear to be accepting them as the new normal. Looking at the...
6 Questions About Today’s Real Estate Market
With mortgage rates high and an increasing uncertainty being felt throughout the market, many prospective home sellers and hopeful buyers are feeling nervous when it comes to their future home goals. We believe that knowledge is power so we've found answers to some of...
Buyer Activity is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about listing your home this spring, you may be wondering if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime...
