Category: News

Home loan options to best serve you – purchase and refinance

Home loan options to best serve you – purchase and refinance We have solutions to help your home ownership dreams comes true. As a home buyer, you want flexible financing options, excellent customer service and a stress free home buying experience.  At freedom mortgage we want to make those dreams a reality.  As a top …

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Mortgage Rates Climb to 7-Year High

Mortgage Rates Climb to 7-Year High Mortgage rates were on the rise this week, and as a result, home buyers faced higher borrowing costs. The 30-year fixed rate rose to its highest average in seven years, averaging 4.94 percent this week, Freddie Mac reports. “The economy continued to show resilience as strong business activity and …

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Fed Votes to Leave Rates Low

Fed Votes to Leave Rates Low The Federal Reserve voted on Thursday to keep its key interest rate on hold, but signaled that rate hikes and tightened borrowing costs are likely on the horizon. The Fed kept its benchmark target for rates unchanged in the 2 percent to 2.25 percent range. The Fed’s rate does …

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The Garage is still important

The Garage is still important   The popularity of ride-sharing services and the coming of driverless cars paints a picture of garages disappearing from American homes. But we’re not there yet. Americans are still mostly dependent on their cars, and that means homeowners crave garage space—a lot of it. In fact, the majority of homeowners …

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Moving Countdown

Moving Countdown Are your starting your moving countdown?  Our checklist can help you plan for the big day!   90 Days before moving: Get moving company quotes Sort your items. Sell or donate what you don’t need   60 Days before moving: Organize paper work, create a moving folder, send change of address, transfer / …

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Ideas for New Business in 2019

Ideas for New Business in 2019 What are some of the best untapped growth markets for you in the new year? There were idea galore at the REALTORS® Conference & Expo for finding new ways to sustain your business into the future, including uncovering “hidden” inventory, identifying market segments poised for growth, and boosting your …

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Mortgage Rates Roll Back

Mortgage Rates Roll Back Mortgage rates took a slight breather this week as borrowing costs moved lower and offset last week’s uptick. Still, the housing market is trying to adjust to rates that are much higher than a year ago. “While higher mortgage rates have led to a decline in home sales this year, the …

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Millennials Boosting U.S. Home ownership

Millennials Boosting U.S. Home ownership   A larger number of Americans—notably fueled by millennials—entered home ownership during the summer months. The national home ownership rate rose to 64.4 percent in the third quarter—a half percentage point higher than a year ago, the U.S. Census Bureau reported this week. The increase was largely attributed to a …

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Haunted House For Sale?

Haunted House For Sale? Home buyers may be so anxious to find a home that they aren’t even spooked if it’s rumored to be haunted. A new survey says one in three consumers say they’re willing to take a chance on a haunted home, but there needs to be something to sweeten the deal for …

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Condos Vs. Single Family Homes

Condos Vs. Single Family Homes   Lower costs and included maintenance make condos attractive for first time home buyers.  There are several details to consider when it comes to Condos Vs. Single family homes, and it all comes down to personal preference.   See the chart below for a quick take on the pros and …

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Women Prop Up First-Time Buyer Segment

Women Prop Up First-Time Buyer Segment Lower affordability and continued inventory crunches aren’t sidelining single women home buyers, who, for the second consecutive year, account for 18 percent of all buyers, according to the National Association of REALTORS®’ 2018 Profile of Home Buyers and Sellers. Single women are the second most common buyer type behind …

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Mortgage Rates on the rise

Mortgage Rates on the rise Borrowers were faced with rising mortgage rates again this week, after a slight pause from increases the week before. “Despite volatility in the stock market, the 30-year fixed-rate mortgage inched forward just 1 basis point to 4.86 percent this week,” says Sam Khater, Freddie Mac’s chief economist. “We expect rates …

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