BLOGS

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 realize.

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 and

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.21% -0.04% 15YR Fixed 6.55% -0.07%   Early Indications Show September Home Prices Falling Less Than July/August Roughly 2 weeks ago, home price indices (HPIs) from Case Shiller and the FHFA came out for the month of

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 t

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 the

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 jus

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 nam

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 p

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 place

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 st

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 be

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 life

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 still

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 on th

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.14% +0.02% 15YR Fixed 6.37% +0.02%   Mortgage Credit Availability Down to New 9 Year Low in September The Mortgage Bankers Association (MBA) released its Mortgage Credit Availability Index (MCAI) for the month of Sep

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 Pa

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.12% +0.08% 15YR Fixed 6.35% +0.20%   Rates Back to 20 Year Highs as Economy Remains Resilient The resilience of the economy is a matter of debate with different cases to be made depending on the data. But when it com

Ryan Skove has shared this article with you.     View  |  Download     30YR Fixed 7.04% +0.09% 15YR Fixed 6.15% +0.10%   Application Volume Plunges to 25 Year Low There were two storms brewing last week and each contributed to driving mortgage applications to generational lows. The Mortgage Bankers

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 21st

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rate