Category: Interest Rates

    • The Housing Market Will “Spring Forward” This Year!

      Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand […]
      Written by Keeley Ryan
    • Interest Rates Hit New 12 Month Low!

      According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. […]
      Written by Keeley Ryan
    • What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

      Some Highlights:

      • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
      • Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
      • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
      • If you are ready and willing to buy your dream home, find out if you are able to!
      Written by Keeley Ryan
    • The Cost Across Time [INFOGRAPHIC]

      Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest...
      Written by Keeley Ryan
    • Is the Recent Dip in Interest Rates Here to Stay?

      Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward […]
      Written by Keeley Ryan
    • Excited About Buying A Home This Year? Here’s What to Watch

      As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need […]
      Written by Keeley Ryan
    • Where is the Housing Market Headed in 2019? [INFOGRAPHIC]

      Some Highlights: ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% o...
      Written by Keeley Ryan
    • 24 Hours that Suddenly Improved the Market

      This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. […]
      Written by Keeley Ryan
    • How to Save Thousands of Dollars in Interest on Your Mortgage

      One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of […]
      Written by Keeley Ryan
    • What If I Wait A Year to Buy a Home?

      National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over […]
      Written by Keeley Ryan