Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances, including things like your W-2, tax […]
As we look towards 2025, understanding the predictions for the Triangle Area housing market is crucial, especially if you’re planning to buy or sell a home in Raleigh. Knowing what experts anticipate can significantly influence your decisions regarding homeownership. Mortgage Rates Are Projected To Come Down Slightly Mortgage rates are a pivotal factor in the […]
You’ve probably heard a lot about mortgage rates recently. Headlines may talk about the Federal Reserve’s (the Fed) recent meeting and its impact on rates. However, the Fed doesn’t directly set mortgage rates, despite what the headlines might imply. The reality is that mortgage rates are influenced by various factors, including geopolitical uncertainty, inflation, and […]
Key Takeaways: Waiting until 2022 to buy a home could cost you thousands of dollars thanks to home price appreciation and increased mortgage rates. New housing inventory is beginning to increase in the Triangle area, so now is the time for prospective buyers to make their moves! If you’re wondering whether you should buy a […]
Key Takeaways: Homeowners are earning dollar-for-dollars gains in their home equity as real estate values continue to increase. Due to significantly high home equity levels, many homeowners are considering whether they should refinance their current homes or move to a new one. Linda Craft & Team wants you to take advantage of today’s optimal market […]
Key Takeaways: After a crazy competitive housing market in the first half of 2021, experts are optimistic about the second half of the year. Experts have given their insight on what will drive the industry going forward, and spoiler alert: mortgage rates and fast-moving sellers are both in the mix. The housing market is headed […]
Key Takeaways: There is no better time than now to borrow money for your new home, especially with mortgage rates on the rise. Because mortgage rates and homebuyer purchasing power going hand-in-hand, even the slightest increase in mortgage rates impacts your home-buying budget. If you’re wondering how you’re going to afford your new home in […]
Knowing how much you can afford is an important first step in your home buying journey. However, many buyers make the mistake of only factoring the list price of a property into their final decision. And as prices continue to skyrocket, you may be wondering if it’s possible to make a move in such a […]