by Jenn Kerr | Jan 2, 2023 | Buyers, Real Estate, Sellers
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the...
by Jenn Kerr | Oct 29, 2022 | Buyers, Real Estate
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for some...
by Jenn Kerr | Sep 15, 2022 | Buyers, Real Estate, Sellers
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things...
by Jenn Kerr | May 18, 2022 | Buyers, Real Estate
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your...
by Jenn Kerr | May 5, 2022 | Buyers, Real Estate
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
by Jenn Kerr | Apr 27, 2022 | Buyers, Real Estate
Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor...
