Don’t Wait Until Spring to Sell Your House
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring…
Everyone Is Asking…How Long Will Mortgage Rates Stay This Low?
I wish I had a crystal ball for the question. “When will interest rates go up?”. It is one of the most common questions I am asked. This is what I do know… In 2020, buyers got a big boost…
Experts Predict a Strong Housing Market For 2019
with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist…
Are Low Interest Rates Here to Stay?
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This…
Interest Rates and Buyer Buying Power
I have fielded calls from buyers who had wanted to buy in the last year but felt they were priced out of the market. After a break, they are back, wondering what their next move should be. They want to…
Interest Rates and Buying Power
With interest rates heading upwards as of late, buyers may be wondering just how much of a difference a slight increase can make? And sellers may be wondering why they need to be concerned as they may be in a…
Second Home Mortgage Solutions
I received some great mortgage information from Natasha Anderson with The Legacy Group. I have a friend who wants to move her parents from Michigan to Seattle so they can be close to their grandchildren. She plans to buy a…
Are you famliar with the 1%=10% rule?
Every 1% change in interest rate affects your buying power 10%. 1% in rate = 10% in mortgage For example: Your budget allows you a monthly payment of $1,013 4.5%, 30 year mortgage, $1,013/month= $200,000 mortgage 5.5%, 30 year mortgage,…