Freddie Mac reports that the average rate for a 30-yr fixed mortgage when paying 0.7 in points/fees is 4.39%. Note this is the national average, not specific to any county or state, call to get your specific rates.
- 4 Reasons Why the End of Forbearance Will Not Lead to a Wave of ForeclosuresWith forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 […]
- A Look at Housing Supply and What It Means for SellersOne of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and […]
- 3 Hot Topics in the Housing Market Right NowIf you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and […]
- 4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures