As we bid farewell to the old year and welcome the new one, we want to thank all of you for the support you’ve shown us over the last 16 years as past clients, business partners, friends, family, and colleagues. We…
The Federal Housing Finance Agency (FHFA) just announced the 2024 Conforming Loan Limits for Residential Mortgage Loans acquired by Fannie Mae and Freddie Mac. As was expected based on the continuing increase in housing prices, the limits increased significantly. To…
Mortgage rates have continued to rise and hit a year-to-date peak in recent weeks that we have not seen for over 23 years. We hope that this peak is now in our rear-view mirror and we’re through the worst of…
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about…
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the…
Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should…
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago,…
If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more…
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is…