Mortgage Rates Roughly Unchanged After Last Week's Huge Drop

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It May Be Time To Add Newly Built Homes to Your Search

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you realiz
What’s Ahead for Mortgage Rates and Home Prices?

What’s Ahead for Mortgage Rates and Home Prices? Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates a
Early Indications Show September Home Prices Falling Less Than July/August

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.21% -0.04% 15YR Fixed 6.55% -0.07%  
The Majority of Americans Still View Homeownership as the American Dream

Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue
Key Factors Affecting Home Affordability Today

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t t
3 Trends That Are Good News for Today’s Homebuyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are j
Millennials Are Still a Driving Force of Today’s Buyer Demand

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that n
Fannie, Freddie ordered to slash fees for many first-time homebuyers

Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance Agency said Monday Fannie Mae and Freddie Mac’s federal regulator is ordering the mortgage giants to eliminate upfront fees on many
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took pla
Home prices cooled at a record pace in August, S&P Case-Shiller says

Summary Home prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to S&P Case-Shiller. Prices in August were 13% higher nationally compared with August 2021. That is down from a 15.6% annual gain in the previous month. Home prices are
Mortgage Pre-Approval Is a Critical First Step on Your Homebuying Journey

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To
Should You Still Buy a Home w/ the Latest News About Inflation?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day li
NJ Housing Market: Perspective Matters When Selling Your House Today

Perspective Matters When Selling Your House Today Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s stil
Netflix Confirmed Wednesday Morning 10/12 - Ft. Monmouth

OCEANPORT, NJ — Netflix has been selected to open a massive film production studio at Fort Monmouth if a price can be agreed upon. Fort Monmouth is the former military base in Monmouth County that was shut down by the U.S. Army in 2011. If the deal goes through, Netflix will purchase 298 acres o
Mortgage Credit Availability Down to New 9yr Low

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.14% +0.02% 15YR Fixed 6.37% +0.02%
Saving for a Down Payment? Here’s What You Should Know.

As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. The 20% Down
Rates Back to 20 Year Highs as Economy Remains Resilient

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.12% +0.08% 15YR Fixed 6.35% +0.20%
Mortgage Application Volume Plunges to 25 Year Low

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.04% +0.09% 15YR Fixed 6.15% +0.10%  
Mortgage Rates Jump Back Up Toward 7%

Mortgage Rates Jump Back Up Toward 7% Wed, Oct 5 2022, 4:19 PM The mortgage rate world has been on a wild ride in general, and even more so in the past few weeks.  The crux of the drama was a British fiscal policy announcement that sent financial markets into a tailspin just after the September 21
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