In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move.
However, recent data shows that time may already be here. According to the latest Home Purchase Sentiment Index (HPSI) by Fannie Mae, 76% of consumers believe now is a good time to sell.
Looking back over the past few years, its clear consumers are incredibly optimistic today. The graph below...
Some Highlights
If your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open up new possibilities for your home search.
Ongoing remote work could give you the chance for a change in scenery, a move to an area with a lower cost of living, or finding a home with more home office space.
If you want to learn more about how remote work can give you more options, let’s connect to discuss your situation and priorities for your home search.
Content previously posted on Keeping Current Matters
Florida Mortgage | Why Pre Approval Is Key This Year
Pre-approval gives you a competitive edge when you make an offer on a house. Let’s connect so you’re in the best position when you find your dream home. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the same roof is a good move for you. Many people have found themselves in a similar situation and they’ve already made the choice to live in a multigenerational home.
What Is a Multigenerational Home?
The Pew Research Center defines a multigenerational...
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates changes what a purchaser can afford. To give you an idea of how rising mortgage rates impact your purchasing power, see the table below:
How Can You Know Where Mortgage Rates Are Headed?
While it’s always difficult to know exactly where mortgage...