by Laura Baliestiero | Dec 29, 2020 | Advice For Buyers, Buying a Home, Downsizing, Extraordinary Homes, Holidays, Mortgage Rates, Winter
Ask anyone that has been to an open house or a home showing in the middle of a snowstorm, and they tell you they prefer to look at homes in the spring and summer. Ask sellers, and they will tell you they don’t want potential buyers tracking snow through their house in...
by Laura Baliestiero | Dec 29, 2020 | Housing Market Updates, Interest Rates, Market Updates, Mortgage Rates
Throughout 2019 and 2020, housing inventory was at record lows. Despite the pandemic and high unemployment, home sales are outpacing new listings every month. Unless there are sellers forced to come to the market in 2021, this scenario should continue. The driving...
by Laura Baliestiero | Nov 8, 2020 | Buying a Home, Housing Market Updates, Interest Rates, Mortgage Rates, Price Growth
Big picture: The housing sector is showing strength across the board resulting from a combination of low mortgage rates, rising demand, and shift in consumer preferences as a result of the pandemic. The numbers: The S&P CoreLogic Case-Shiller 20-city price index...
by Laura Baliestiero | Jul 30, 2020 | Mortgage Rates
Mortgage rates increased for the first time in 6 week weeks after having hit an all-time record low 2.98% in the week ending 16th July. KEY POINTS Mortgage applications to purchase a home were 2% lower last week than the previous week but a strong 21% higher annually....
by Laura Baliestiero | Jun 2, 2020 | Interest Rates, Market Updates, Mortgage Rates
Mortgage Credit Tightens, Creating Drag on Any Economic Recovery Interest rates are at a record low. Any households should be able to find new mortgages easily. With interest rates falling to the lowest level on record, this should be a banner time for families in...
by Laura Baliestiero | May 6, 2020 | Mortgage Rates
Not even the economy is sure what is going on right now. There is a lot of uncertainty in the world right now and mortgage holders, both new and current homeowners, have many questions they want answers to. How are mortgage rates reacting to the current crisis?...
