The housing market is starting to feel more active again, and buyer demand is picking up in ways that are hard to ignore. Mortgage rates have dropped by nearly a full percentage point this year, and that shift is beginning to re-energize buyers across the Triangle area market. Home loan applications are rising. Buyer activity […]
Tag Archives: mortgage rates
What Is Going On With Mortgages
Ā Whatās Going On with Mortgages? Paul Fitts of AdvantageĀ Lending joining us to break down whatās really going on in mortgages right now. First off: rate talk. The 30-year fixed is hovering near the low-to-mid 6% rangeādown from the peaks, yet still above what many buyers hope for. That means timing and strategy matter. Weāll […]
What Buyers Say They Need Most (And How the Marketās Responding)
Bank of America recently asked potential buyers what would make them feel more confident about making a move. The top answers? Improved affordability, especially when it comes to prices and mortgage rates (see below). The good news is that while the overall economy may still feel uncertain, weāre starting to see signs of positive shifts […]
How Todayās Lower Mortgage Rates Create Opportunities for Buyers
Why More Sellers Are Choosing To Move, Even with Todayās Rates
Hanging onto a 3% mortgage rate can feel like winning the lottery, but is it worth staying in your Triangle area home that no longer fits your life? For many homeowners, the answer is no. While a low mortgage rate is ideal, it doesn’t solve everyday challenges, like living in a space that’s too small, […]
Understanding Todayās Mortgage Rates: Is 3% Coming Back?
Many home buyers in Raleigh are still on the sidelines, waiting and hoping for mortgage rates to fall back to the historic lows of 3% we saw just a few years ago. But itās important to understand that those ultra-low rates were a unique response to a global eventānot the norm. And as the economy […]
What You Can Do When Mortgage Rates Are a Moving Target
Have you been keeping an eye on mortgage rates lately? One day they dip, the next they climb again. Itās no wonder so many Triangle area buyers feel unsure about when to jump into the market. The graph below, based on Mortgage News Daily data, shows just how much rates have fluctuated in Aprilāespecially compared […]
How To Buy a Home Without Waiting for Lower Rates
If youāve been holding out on buying a home in Raleigh because youāre waiting for mortgage rates to drop, youāre not alone. But hereās the reality: experts predict rates will declineājust not as much as many buyers were hoping. The good news? Even if rates stay higher than expected, there are creative ways to make […]
Spring into Homeownership: Why Now is a Great Time to Buy
Spring is here, and with it comes longer days, blooming flowers, and the perfect opportunity to make your move. If youāve been thinking about buying a home in Raleigh, this season offers some distinct advantages that could help you find the perfect place while making a smart financial decision. Hereās why spring is one of […]
3 Reasons To Buy a Home Before Spring
Thinking about buying a Triangle area home but feeling hesitant because of todayās mortgage rates? You might be wondering, āShould I wait until spring when more homes hit the market and rates might improve?ā The truth is, no one can predict exactly where mortgage rates will go. And while waiting until spring might seem like […]









