2022 has been a volatile year. People did not expect rates to increase as much as they did, which has many wondering what 2023 has in store for us. In this episode, we will go over 2022 and how it affected the market. We will then look ahead into 2023 and contemplate what economists have…
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With mortgage interest rates at a high, there is a lot of speculation about the housing market and where interest rates are headed. We have our own analysis that we share, and we also explain the ins and outs of a 2-1 Buydown. You may be surprised to hear just who pays on a 2-1…
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Our current market has a lot of people seeking ways to save money. As the Feds work to bring inflation down, many are in anticipation of the interest rates eventually decreasing. Utilizing points has become increasingly more common and you may be wondering how effective they really are. In this episode, we will help you…
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Is it still a good time to buy with interest rates on the rise and home values still soaring? We’ll share some of the historical data to give you a better perspective of where we are.
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Interest rates are rising and it seems likely that they will continue to do so. Historically, rates are still not bad. But a jump from 2.5% to 6% is a big jump and it’s changing the housing market and the trends we are seeing. With inflation still very high, we should expect to see these…
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With inventory still low, the market is still rough out there for buyers. At the same time, interest rates are rising with inflation proving to be a bigger issue than anticipated. On today’s episode, we are going to discuss a CBS article that relates to some of these issues. With rising interest rates are borrowers…
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On today’s episode, we’ll explore rising interest rates and how they could impact you in your home buying journey. Interest rates have been increasing since September and are about 2% higher, roughly at 4.5% on a 30-year fixed mortgage. We certainly encourage potential buyers to reach out and understand what their payments are going to…
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How do lenders analyze credit for couples? Does a Co-signer help with credit? You’ve probably heard about the difference between a soft credit hit and a hard credit hit. Whenever you get pre-approved for a home, it’s a hard credit check. But this is different than an auto loan or student loan. There’s no way…
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A lot of people have questions about credit when it comes to buying a home. On today’s episode, we’ll explore some common questions, concerns, and misconceptions about credit. How does a credit score directly impact your ability to obtain a mortgage? If it’s too low you may not qualify for a mortgage loan. Having a…
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What do you need to know about the current real estate market? It doesn’t seem that the market is cooling down just yet. We are still seeing bidding wars and multiple offers. While it may not be as intense in the market as it was a few months ago, you still need to be creative…
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