After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable.
Author Archives: qschwengel
Why It’s Easy To Fall in Love with Homeownership
No matter how the housing market changes, there are some things about owning a home that never change…
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly.
What Past Recessions Tell Us About the Housing Market
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession.
Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close.
Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market
As you set out to make a purchase this winter, you’ll need to be strategic so you can find a home that meets your needs and budget.
Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008.
7 Tips to Maximize Your Home’s Sale Price
Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations.
Buy Now or Rent Longer? 5 Questions to AnswerBefore Purchasing Your First Home
Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer, and in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.
Higher Rates and Short Supply: The State of Real Estate in 2022
The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record
QSchwengel 