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Buying Myths

24 Nov

Posted at 11:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers by
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Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder...

25 Oct

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers by
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Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the...

21 Oct

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates by
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It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable...

12 Oct

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers by
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Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just...