Freddie Mac reports that the 30-year fixed mortgage rate rose to 4.47% this week – to obtain that rate a borrower would have to pay 0.7 in points/fees.
- Why Rising Mortgage Rates Push Buyers off the FenceIf you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]
- If You’re a Homeowner, You Have Incredible Leverage When You Sell TodayIn today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy […]
- Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so you have expert advice that’s cus […]
- Why Rising Mortgage Rates Push Buyers off the Fence