Home Sales Post Record-Setting Rebound in May Following two consecutive months of declines, pending home sales came roaring back in May, the National Association of REALTORS® reported Monday. Every major region of the U.S. posted month-over-month increases, including the South, which also bested its levels from a year ago. Home buyers reemerged, ready to move …
Category: News
Jun 30
Discover the affordability of home ownership
Discover the affordability of home ownership For those with modest savings, a HomeReady mortgage can be a great option. Thanks to features like down payment as low as 3%, you are closer to home ownership than ever before! Whether you’re a first-time home buyer, a repeat buyer or a homer owner looking to refinance and …
Jun 29
Home Loan Process Explained in Detail
Home Loan Process Explained in Detail See the photo / chart below. The loan process can be a smooth one if you know the things to expect and what you should avoid. With the help of myself and John Coneys of Freedom Mortgage, you can get into your new home quickly with these tips …
Jun 19
Happy Father’s Day
Happy Father’s Day This Father’s Day give dad some valuable advice! There may never be a better time to consider refinancing or even purchasing that home of their dreams. Give me and John Coneys of Freedom Mortgage, a call today! #RealEstate #Realtor #HomeReady #RefinanceToday #FreedomFast #PreApp #LetFreedomHelp #HappyFathersDay
Jun 18
Suburban Space Gains Popularity as Housing Recovery Begins
Suburban Space Gains Popularity as Housing Recovery Begins The pandemic has caused more Americans to rethink where they want to call home. In many regions, suburban and rural areas are seeing stronger recoveries from the pandemic than their nearby urban areas, according to a new report from realtor.com®. In May, online listing views at realtor.com® …
Jun 17
Landlords Are Suing Retailers for Unpaid Rent
Landlords Are Suing Retailers for Unpaid Rent Landlords are taking retail tenants to court for missed rental payments. Some property owners who didn’t receive payments in April and May are filing lawsuits to try to collect on them now that they’re past their 30-day grace period, The Wall Street Journal reports. Tenants are arguing “force …
Jun 16
Mortgage Rates Remain Low for Buyers Who Can Qualify
Mortgage Rates Remain Low for Buyers Who Can Qualify The 30-year fixed-rate mortgage continued to hover near its all-time low this week, averaging 3.21%, Freddie Mac reports. “The rebound in home buyer demand continued this week, driven by mortgage rates,” says Sam Khater, Freddie Mac’s chief economist. “This turnaround in demand, particularly by those who …
Jun 15
Third of Employees Want to Work From Home Permanently
Third of Employees Want to Work From Home Permanently As states begin to reopen, many workers are hesitating as their workplaces unlock their doors. About one-third of employees—35% recently surveyed—say they prefer to continue working from home permanently, according to a new survey conducted in late May by CreditCards.com. Workers showed a preference for working …
Jun 12
Record Low Mortgage Rates
Record Low Mortgage Rates The Federal Reserve announced Wednesday that it would keep its benchmark interest rate near zero through 2022—a move that could set the course for record low mortgage rates for the next three years. The Fed’s key rate doesn’t directly affect mortgage rates, but it often influences them. The federal funds rate …
Jun 11
Now is the time to purchase or refinance a home!
It’s time to tell a friend… Now is the time to purchase or refinance a home! Read the graphic below then call me. Tell a friend! While rates are still low, now is the time to purchase or refinance a home! If you or anyone you know may benefit from refinancing, contact me …
Jun 10
Mortgage Rates Tick Up Slightly
Mortgage Rates Tick Up Slightly The 30-year fixed-rate mortgage inched up after reaching an all-time low last week. However, mortgage rates continue to hover near the lowest averages ever recorded by mortgage financing giant Freddie Mac. The 30-year fixed-rate mortgage averaged 3.18% this week, up slightly from last week’s all-time low of 3.15%. “While the …
Jun 09
Consumers May Rely on Agents Even More
Consumers May Rely on Agents Even More The COVID-19 pandemic has changed the ways people have conducted business, and some housing experts predict it will forever change real estate’s processes. Consumers likely will depend more on their real estate agent than ever before, Jennifer Anderson, a real estate pro in the San Diego area and …