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Buying Myths

Think Twice Before Waiting for 3% Mortgage Rates

January 17, 2023 by Jeffrey B Thompson

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some ... » Learn More about Think Twice Before Waiting for 3% Mortgage Rates

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Key Terms To Know When Buying a Home [INFOGRAPHIC]

January 13, 2023 by Jeffrey B Thompson

... » Learn More about Key Terms To Know When Buying a Home [INFOGRAPHIC]

Filed Under: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Wondering How Much You Need To Save for a Down Payment?

January 3, 2023 by Jeffrey B Thompson

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be. Understand ... » Learn More about Wondering How Much You Need To Save for a Down Payment?

Filed Under: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

December 28, 2022 by Jeffrey B Thompson

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. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of ... » Learn More about Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Real Estate Tagged With: Real Estate, Simplifying The Market

Confused About What’s Going on in the Housing Market? Lean on a Professional.

December 27, 2022 by Jeffrey B Thompson

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, ... » Learn More about Confused About What’s Going on in the Housing Market? Lean on a Professional.

Filed Under: Buying Myths, For Buyers, For Sellers, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
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