As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from…
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…
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners…
From RobChrisman.com: With the Fed decisions to raise or lower rates, we’re commonly asked how the Fed moves impact mortgage rates. MCT offers an excellent primer that reminds us, “Many people believe the Federal Reserve, through the actions of the Federal Open Market…
If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or…
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became…
DATE: Wednesday, August 10th, 2022 TIME: 3:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Wednesday with daily volatility) SUGGESTION: Mortgage rates have remained close to the same this levels this last week. We suggest carefully floating or locking if…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, July 27th, 2022 TIME: 2:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: IMPROVEMENT (since last Wednesday with daily volatility) SUGGESTION: The Fed today announce (as expected) a 75 basis point (0.75%) increase in rates. …
People looking to buy a home have been seeing prices increase and supply dwindle to almost nothing in some areas. But real estate agents and their clients are beginning to see things turnaround in some parts.
