Is it too late to buy a home?

2021 has been a banner year for housing, fueled by record low interest rates, strong demand, and a low supply of homes. You may be wondering if you are late to the party, or if it’s still a good time to purchase.  Experts expect demand to increase over the next several years as more millennials […]

Stop Waiting, Start Saving

Even though Mortgage Rates are slightly higher than their all-time lows, it may still be very favorable to refinance.  In many cases, you can significantly reduce your monthly payment and reduce costly mortgage insurance. It might be tempting to play the market and see if interest rates come back down to their all-time lows.  But […]

Inflation and Home Loan Rates

As inflation rises, it typically causes mortgage rates to move higher as well. That’s because inflation is the arch enemy of interest rates, since it erodes the buying power of the fixed return that a mortgage holder receives. While inflation may look tame to everyone at this time, it’s my job to dig deeper for […]

Recent Move In Rates

  Rates have risen a little recently, due to the market’s concern that there will be increased spending, debt, and inflation.  The 10-Year Treasury yield is now at its highest level in a year.  How can this happen when the Fed Funds Rate remains at zero?  Let’s remember that the Fed Funds Rate and Mortgage […]

The Real Scoop on Affordability

Home prices are appreciating, and they will continue to do so. So, does that mean they’re less affordable? The media mistakenly looks at the significant move higher in the median home price, which is currently up 15% versus last year. But the median home price does not measure appreciation. Instead, it marks the middle price […]

Real Estate Fact vs. Fiction

It’s amazing to me, but, right here in Rockingham County, there are over 15,179 residents who are currently renting but can afford to purchase a home. They are qualified to buy a home, so why wouldn’t they? Some people think that the housing market isn’t stable, but home prices for your area in Rockingham County […]

Double the Chances of Selling Your Home

Homes that are listed reasonably and correctly are selling. It’s important to be realistic about the value of your home, but it’s also important to list the home the way people buy. Consumers have been brainwashed by the “99” world that we live in. Almost everything you see is listed for $9.99, or $199, or […]

Cost of Waiting to Buy a Home

If you’re shopping for a home today, you know it’s kind of hard work. You might not find something right away and it’s easy to get fatigued. Sometimes buyers get discouraged and say, “Let me take off a few months, maybe I’ll come back 6 months later.” Here’s the thing: while you can take some […]

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