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What Is a Housing Market Price Correction?

What Is a Housing Market Price Correction?

by Third Party | Nov 13, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: U.S. News —  As a homeowner or would-be homeowner, news of housing market conditions can feel stressful – especially when you haven’t endured those conditions in the past. But not all terms are as complicated as they may seem, or as scary for you as a...
How to Financially Prepare for Buying a House

How to Financially Prepare for Buying a House

by Third Party | Nov 12, 2022 | Mortgage Information, Real Estate Agent Tools

Source: U.S. News —  Getting to a point where you feel emotionally and mentally ready to buy a house can be a journey on its own. But your work doesn’t stop there. Most homebuyers don’t have a lump sum they can use to buy a home in one cash payment....
It’s the worst time to buy a home in a generation, U.S. survey shows

It’s the worst time to buy a home in a generation, U.S. survey shows

by Third Party | Nov 12, 2022 | News/Current Events, U.S. Housing Market

Source: Seattle Times —  U.S. consumers are seeing homebuying conditions at their worst in a generation as mortgage rates soar in response to the Federal Reserve’s aggressive tightening cycle. About 4 in 5 consumers now describe buying conditions for homes as...
Mortgage Rates Move Lower For Third Straight Day

Mortgage Rates Move Lower For Third Straight Day

by Third Party | Nov 12, 2022 | Mortgage Information, News/Current Events

Source: Mortgage News Daily —  We’re in the middle of a 4 day week culminating in one of the most important events of the year for interest rates.  Thursday morning brings the release of the Consumer Price Index (CPI)–an inflation report that has...
Real Estate Trends: Why Are Mortgage Rates Going Up In November 2022?

Real Estate Trends: Why Are Mortgage Rates Going Up In November 2022?

by Third Party | Nov 12, 2022 | Real Estate Agent Tools, Real Estate News

Source: Forbes —  Key takeaways Average mortgage rate currently stands at 6.95% for a 30-year loan and 6.29% for a 15-year loan. Experts believe mortgage rates will be contained to a narrow window as we move into 2023. If you are considering buying a home, make...
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