How Smart Buyers Are Approaching Rising Mortgage Rates

FYI: 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 of the year and reach 3.0%, rising to 3.5% […]
http://dlvr.it/SDGxwP

Comments

Knowledge Is Power When It Comes to Appraisals and Inspections

FYI: 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 crowded market. But is that the best move? Buying a […] http://dlvr.it/SBQzpL

Why It’s Important to Price Your House Right Today

ICYMI: Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle […] http://dlvr.it/RpYmGk

Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]

ICYMI: Some Highlights * According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. * That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. * To find out how much equity you have in your home and how you can use it, let’s connect today. http://dlvr.it/STcz8V

Queens Real Estate Agent Blog

Search This Blog