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Home Selling

Mortgage Rates

Interest Rates

The FED raised rates by a half percentage point last week. This will certainly give some buyers pause as it reduces the price of the house they can buy. For example, in buying an $800,000 home, a half percentage point would raise the mortgage p...

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Mortgage Rates - Week of Mar 4, 2022

Mortgage Rates – Week of March 4, 2022

Applications to refinance a home loan increased 1% last week but were still 56% lower than the same week one year ago. Mortgage applications to purchase a home fell 2% for the week and were 9% lower year over year. While mortgage rate...

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Interest Rates

Rising Interest Rates

The stock market was quite a roller coast ride last week. Jerome Powell announced that rates are going up 3-4 times this year beginning in March, which was a factor. He also indicated that there is a possibility that the first rate increase c...

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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing...

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