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Interest Rates

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

February 23, 2021 by Jeffrey B Thompson

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. ... » Learn More about The Reason Mortgage Rates Are Projected to Increase and What It Means for You

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

Home Mortgage Rates by Decade [INFOGRAPHIC]

February 19, 2021 by Jeffrey B Thompson

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not ... » Learn More about Home Mortgage Rates by Decade [INFOGRAPHIC]

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

Will Low Mortgage Rates Continue through 2021?

February 18, 2021 by Jeffrey B Thompson

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a ... » Learn More about Will Low Mortgage Rates Continue through 2021?

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

3 Ways You’ll Win When You Buy a Home This Year

February 15, 2021 by Jeffrey B Thompson

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain. If you’re ... » Learn More about 3 Ways You’ll Win When You Buy a Home This Year

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

47% of New Buyers Surprised by How Affordable Homes Are Today

February 11, 2021 by Jeffrey B Thompson

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low ... » Learn More about 47% of New Buyers Surprised by How Affordable Homes Are Today

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

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Jeffrey B Thompson
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