Real Estate, Expert Advisors

Home Buyers!! Following a proven process will help to successfully manage the 80+ variables associated with buying a home. The mismanagement of any one of these could cost you thousands or the actual home! Check out the Most Costly Mistakes Home Buyers are Making Today.

Most Costly Mistakes Home Buyers are Making Today,and How Smart Home BuyersLike You Have a Smart Home Buying Strategyin Today’s NEW Real Estate Economy Why working with an Expert Advisor is truly the best way to buy a home in today's new economy... Most Costly Mistakes Home Buyers are Making Today,and How Smart Home BuyersLike You Have a Smart Home Buying Strategyin Today’s NEW Real Estate Economy

Staying informed about current market conditions and mortgage rates is important when helping home buyers and sellers make decisions. It doesn't matter whether you're looking to make a move or not, just knowing where the current rates are will prevent you from guessing. Here's a great resource to bookmark if you too want stay informed. Check out today's mortgage interest rates https://www.mortgagenewsdaily.com/mortgage-rates

Today's Mortgage Rates View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

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Buying a Home May Make More Sense Than Renting [INFOGRAPHIC] Some HighlightsIf you’re trying to decide whether to rent or buy a home, there are a few things you should consider.Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.

The Two Big Issues the Housing Market’s Facing Right Now

The biggest challenge the housing market’s facing is how few homes there are for sale.

Let’s break down these two big issues in today’s housing market.

>>Rate-Locked Homeowners

Today, the typical mortgage rate offered to buyers is over 6%. As a result, many homeowners are opting to stay put instead of moving to another home with a higher borrowing cost. This is a situation known as being rate locked.

When so many homeowners are rate locked and reluctant to sell, it’s a challenge for a housing market that needs more inventory. However, experts project mortgage rates will gradually fall this year, and that could mean more people will be willing to move as that happens.

>>The Fear of Not Finding Something To Buy

The other factor holding back potential sellers is the fear of not finding another home to buy if they move. Worrying about where they’ll go has left...

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The Two Big Issues the Housing Market’s Facing Right Now The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]

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The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC] Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.

What You Should Know About Closing Costs

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

>>What Are Closing Costs?

People are sometimes surprised by closing costs because they don’t know what they are. According to Bankrate:

“Closing costs are the fees and expenses you must pay before becoming the legal owner of a house, condo or townhome . . . Closing costs vary depending on the purchase price of the home and how it’s being financed . . .”

In other words, your closing costs are a collection of fees and payments involved with your transaction. According to Freddie Mac, while they can vary by location and situation, closing...

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What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closi...