“The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates trend higher, potential homebuyers […]
Have you been saving up to buy a home this year? If so, you know there are several expenses involved – from your down payment to closing costs. But did you also know your tax refund can […]
“Mortgage rates have been drifting higher for most of the year due to sustained inflation and the reevaluation of the Federal Reserve’s monetary policy path,” said Sam Khater, Freddie Mac’s Chief Economist. “While newly released […]
Before you buy a home, you must plan for all the costs you’ll be responsible for. While saving for the down payment, don’t forget you’ll want to prep for closing costs. Here’s some helpful information […]
“Mortgage rates showed little movement again this week, hovering around 6.8 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “Since the start of 2024, the 30-year fixed-rate mortgage has not reached seven percent but has […]
Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you need to know. That phrase refers to the idea that a lot of baby boomers are going to move […]
If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this […]
ONE OF THE MOST INTERESTING UNIQUE HOMES I’ve ever listed. Almost 9000 sf on a half acre with a real lap pool. There are 6 Ensuite “apartments” – some are studios and some are 1 […]
“Mortgage rates moved slightly lower this week, providing a bit more room in the budgets of some prospective homebuyers,” said Sam Khater, Freddie Mac’s Chief Economist. “We also are seeing encouraging data on existing home […]
If you’re planning to move soon, you might wonder if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals say […]