Mortgage Rates Rising Impact

Mortgage Rates Rising Impact. In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. That news may have you questioning the timing of your home search. The truth is, timing has never been more important. You may be tempted to put your plans on hold in hopes that ratesContinue reading “Mortgage Rates Rising Impact”

Undecided on Moving This Spring?

Undecided on Moving This Spring? If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to theContinue reading “Undecided on Moving This Spring?”

Why Buy a Memphis Townhome

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, townhomes and condos could be a great alternative for you. Below are reasons: Why Buy a Memphis Townhome. Reasons To Buy a Memphis Townhome or Condo. Options That Fit Your Budget Lack of Homes are aContinue reading “Why Buy a Memphis Townhome”

Mortgage Rates have Risen

Mortgage Rates have Risen. Where Will They Go from Here? Mortgage Rates have Risen and Going HIgher. Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased from 3.2% to 4.4% since January of this year. The rate jumped by more than a quarter of a point last week. Here’s aContinue reading “Mortgage Rates have Risen”

Buying a Home Builds Wealth

Buying a home in Memphis builds Wealth. The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and canContinue reading “Buying a Home Builds Wealth”