Market News March 31

Market News March 31

March Mortgage Rates Head SouthWhile volatility within the banking sector rattled some nerves, there was a silver lining for home buyers: lower mortgage interest rates.According to Freddie Mac, rates for 30-year, fixed-rate mortgages fell from 6.73% to 6.6% during the...
Market News March 24

Market News March 24

Girls Just Wanna Have EquityAs we celebrate Women's History Month, don't forget to celebrate the rise in home ownership achieved by women through the years. Last year, this number surpassed 52%, which outpaced that of single men by around 2%.Over the last 30 years,...
Market News March 17

Market News March 17

Reasons for Buyer Remorse...and How to Prevent ItEven though the 2022 real estate market was challenging due to low inventory and rising mortgage rates, it didn't stop thousands of moves. While there are plenty of happy new home owners, many felt that they didn't make...
Market News March 10

Market News March 10

HUD Announces Cheaper FHA Mortgage Insurance PremiumsHere's some good news for your prospective buyers, especially those worried about affordability.Recently, the Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to the annual...
Market News March 3

Market News March 3

Expect a Calmer Spring Housing MarketWhile there will be competition for move-in ready homes with 2023 prices, you may not see the same crowds that packed open houses in 2021 and 2022.The main reason: mortgage interest rates that are currently hovering at 6-7%....