Interest Rates

The Main Key To Understanding the Rise in Mortgage Rates

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers /

The Main Key To Understanding the Rise in Mortgage Rates | Simplifying The MarketEvery Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam […]

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Two Reasons Why Waiting a Year To Buy Could Cost You

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers /

Two Reasons Why Waiting a Year To Buy Could Cost You | Simplifying The MarketIf you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself […]

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Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Rent vs. Buy /

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Whether you’re buying or selling – today’s housing market has plenty of good news to go around.
  • Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale.
  • If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market.

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5 Reasons Today’s Housing Market Is Anything but Normal

For Buyers, For Sellers, Housing Market Updates, Interest Rates /

5 Reasons Today's Housing Market Is Anything but Normal | Simplifying The MarketThere are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. […]

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If Housing Affordability Is About the Money, Don’t Forget This.

First Time Home Buyers, For Buyers, Interest Rates, Rent vs. Buy /

If Housing Affordability Is About the Money, Don’t Forget This. | Simplifying The MarketThere are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case. Today’s buyers are spending approximately 20% […]

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What Do Experts Say About Today’s Mortgage Rates?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

What Do Experts Say About Today’s Mortgage Rates? | Simplifying The MarketMortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates […]

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Are Houses Less Affordable Than They Were in Past Decades?

Buying Myths, For Buyers, Interest Rates /

Are Houses Less Affordable Than They Were in Past Decades? | Simplifying The MarketThere are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens […]

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Key Questions To Ask Yourself Before Buying a Home

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

Key Questions To Ask Yourself Before Buying a Home | Simplifying The MarketSometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy […]

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