Seize the Day, Before Interest Rates Rise
20 July 2021 ~ In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average.
Appraisal Gaps? Be Prepared
29 June 2021 ~ In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). In Ventura County, the percentage is even higher.
What Are the Benefits of a 20% Down Payment?
1 March 2021 ~ If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage.
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%.
3 Ways to Win When You Buy a Home This Year
16 February 2021 ~ There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible.
Why We Are Not in a Housing Bubble
10 February 2021 ~ Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year.