Will the Housing Market Maintain Its Momentum?
27 April 2021 ~ Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before.
What Does The Latest Job Report Mean for You & the Housing Market?
13 April 2021 ~ The Bureau of Labor Statistics released a very encouraging jobs report on April 2nd.
Mortgage Rates Are Projected to Increase? What It Means for You
23 February 2021 ~ We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%.
What Record-Low Housing Inventory Means for You
28 January 2021 ~ The real estate market is expected to continue its momentum in 2021 with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year.
Will Forbearance Plans Lead to a Wave of Foreclosures?
13 January 2021 ~ At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments.
Historically Low Mortgage Rates Continue to Offer Opportunities
23 December 2020 ~ Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times.