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?”

Home Buyer Closing Costs

Home Buyer Closing Costs are important to plan and budget. They are the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers surprised by their closing costs. Below is information to help. Don’t get caught off guard when it’s timeContinue reading “Home Buyer Closing Costs”

Home Buyers in Memphis Tn Are Planning to Buy Now

Plan to Buy a Home in Memphis While some homeowners may hold off until spring to list their houses, you should know –homebuyers in Memphis TN aren’t waiting. It’s Time to Plan your Home Purchase. Demand is high as more people are trying to beat rising mortgage rates. So, eager buyers are entering the market orContinue reading “Home Buyers in Memphis Tn Are Planning to Buy Now”

Why Your Home Inspection Matters. Get it Done

Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Our recommendation is always do an inspection. Even if your purchase is not contingent on the results.Your home inspection is a crucial step in the homebuying process. It assesses the condition of theContinue reading “Why Your Home Inspection Matters. Get it Done”

Why Pre-Approval Is Key for Homebuyers

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making anContinue reading “Why Pre-Approval Is Key for Homebuyers”

How Smart Buyers Are Approaching Rising Mortgage Rates

Last week, the average 30-year fixed mortgage rate inched up to 3.1%( some have it at 3.25%), and experts project rates will continue rising through 2022.Freddie Mac:“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%, risingContinue reading “How Smart Buyers Are Approaching Rising Mortgage Rates”