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Mortgage Rates Continue to Fall

If you haven’t been paying attention to the housing market, you might not have heard that mortgage rates continue to fall.  According to Freddie Mac’s weekly Primary Mortgage Market Survey released on Thursday, the average 30-year fixed rate mortgage has fallen to 4.99% This is the first time the average rate has been under 5.0% […]

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Buying May Make More Sense Than Renting

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, it’s important that you understand the data clearly shows that buying may make more sense than renting for most people.  It’s not just home prices that have risen in recent years – rental […]

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A Window of Opportunity for Homebuyers

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market.  As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t […]

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Think Home Prices Are Going to Fall? Think Again

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported […]

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Should You Buy a Home with Inflation This High?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: Should you buy a home with inflation […]

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Remodeling Projects That Will Boost Your Home’s Value

There are two ways to think about remodeling projects that will boost your home’s value; you can get one or two major remodels done or opt for a bunch of small fixes. Depending on your budget and your timetable, one approach may be better for you than the other. For instance, if you have an […]

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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing it right. If you sell when home prices […]

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Tips for First-Time Homebuyers

Most homebuyers start the process anxious, excited, nervous, and some are downright terrified. It’s natural. A home is the largest and most expensive purchase that most people will make in a lifetime. It can either turn out to be a complete financial disaster or a smart long-term investment. The person standing between it being a […]

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That Benchmark Mortgage Rate Typically Isn’t Offered

The reason is that the way such numbers are collected makes them harder to rely on when the mortgage and housing markets shift abruptly. The post That Benchmark Mortgage Rate Typically Isn’t Offered appeared first on Real Estate News & Insights | realtor.com®.

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