homebuyers

The Impact of Rising Interest Rates on Housing Demand

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Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly Real Estate Sentiment Index (RESI), in which they surveyed title and real estate agents across the country …

4 Reasons To Buy A House This Fall

4 Reasons to Buy a Home This Fall

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While there are always variables in the current housing market, the forecasts surrounding it, and the personal financial considerations guiding your decision to buy a home, this fall may be a great time to move forward with your dream to buy. Let’s look at four great reasons to consider buying a home now rather than waiting. 1. Prices Will Continue to Rise …

Hey, Millenial Homeowners- It May Be Time to Sell

Hey, Millennial Homeowners- It May Be Time to Sell

shannonjones Featured Articles , Home Tips , Real Estate , Selling a Home Leave a Comment

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise. Many Millennials took advantage of post housing crash prices and the First-Time Homebuyers’ Tax Credit and jumped …

factors that influence financing

Mortgage 101: What You Need to Know About Financing

shannonjones Buying a Home , Featured Articles , Long Beach Real Estate , Real Estate Leave a Comment

Before You Find Your Dream Home, Get The Facts You Need About Financing Here are the Factors your Mortgage Lender will Take into Consideration You may know that you need to talk to a lender before you shop for your dream home, but not all loans are created equal.  If you understand what factors lenders look at when reviewing a loan package, it …

Is now a good time to move up to a new home?

Is Now A Good Time To “Move Up”?

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If You’re Thinking of Buying and Selling, Is Now A Good Time? The answer is yes! Now is a great time to move up. In many neighborhoods, prices are still below where they were a few years ago and interest rates have remained near historic lows. With home prices and sales up in Southern California, more and more homeowners are …

Where Are Mortgage Rates Headed?

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The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where mortgage rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s October …

Mortgage-Rates.

Where Are Mortgage Rates Headed?

shannonjones Buying a Home , Featured Articles , Real Estate Leave a Comment

The mortgage interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s July …

mortgage rates

Where will mortgage rates be in 12 months?

shannonjones Buying a Home , Featured Articles , Real Estate Leave a Comment

If you are considering buying a home, one of the biggest factors that will influence your monthly payments is your interest rate. One of the biggest questions plaguing the current housing market is where mortgage rates will be at this time next year. Over the last two months, interest rates have begun to creep up. Though we don’t like to project …