BLOGS

Home Prices Continue to Rise as Rates Continue to Fall

    In the ever-evolving landscape of real estate, current trends indicate a notable shift that home buyers should not overlook. With mortgage rates at their lowest since September 2022, potential buyers have a unique opportunity to save significantly on their home purchases. Current Mortgage Rates

Investment Properties: A New Path for First-Time Buyers

In recent years, a growing number of first-time homebuyers are shifting their focus from purchasing primary residences to investing in real estate through rental properties and house flipping. This trend is driven by various factors that highlight the potential for wealth building and financial ind

Mortgage Rates Hit Lowest Level Since February 2023 Following Fed's Interest Rate Cut

Mortgage rates in the United States have dropped to their lowest level since early February 2023, an encouraging sign for the housing market after the Federal Reserve's recent jumbo-sized interest rate cut. The average rate for a 30-year fixed-rate mortgage, the most popular home loan, fell to 6.09

Federal Reserve Voted to Drop Interest Rates 0.50 Percentage Points

The Federal Reserve doesn’t set mortgage rates outright. But its decisions in setting interest rates do play a role in the percentages lenders offer would-be homeowners. The Fed’s latest meetingAt its meeting on September 18, the Federal Open Market Committee (FOMC) voted to decrease its benchmark