Why Home Loans Today Aren't What They Were in the PastIn todays housing market, many are beginning to wonder if were returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Lets ease those concerns.Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website:The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.Basically, the index determines how easy it is to get a mortgage. The higher the index, the more available mortgage credit becomes. Here's a graph of the MCAI dating back to 2004, ... 06/08/2022

Why Summer Is a Great Time To Buy a Vacation Home You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, its worthwhile to start thinking about your plans and where you want to spend your vacations this year. Here are a few reasons a vacation home could be right for you.Why You May Want To Consider a Vacation Home TodayOver the past two years, a lot has changed. You may be one of many people who now work from home and have added flexibility in where you live. You may also be someone who delayed trips for personal or health reasons. If either is true for you, there could be a unique opportunity to use the flexibility that comes with remote wo... 06/01/2022

Todays Home Price Appreciation Is Great News for Existing HomeownersIf you're planning to sell your home this season, rising prices are great news for you. But its important to understand why prices are rising to begin with. One major factor is supply and demand.In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing to pay more to get the product or service they're looking for when options are scarce. And that's exactly what's happening in the current real estate market.Selma Hepp, Executive, Research & Insights and Deputy Chief Economist at CoreLogic, puts it like this:With so few homes, buyers are once again left with fierce competition that's driving the share of homes that sold ove... 05/16/2022

2022 Housing Market Forecast  Some Highlights What does the rest of the year hold for the housing market? Here's what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Lets connect so you can make your best move this year.    05/09/2022

Home Loan Programs: 2022 UpdatesBuying a home is a dream that’s shared by many people. Making that dream come true isn’t always as simple as just going out and applying for a mortgage loan, though. Some potential homeowners need a little bit of assistance in keeping loan requirements manageable, even though they are fully able to afford the loan itself. Fortunately, there are a number of home loan programs that can help make home ownership attainable even for first-time buyers and those who worry that they might not meet all of the requirements for a traditional mortgage loan.It’s important to keep in mind that the rules and requirements for these loan programs are updated from time to time. Before starting out looking for the home of your dreams, you should make sure that you are up to... 03/11/2022

If your goal is to purchase a home this year, you might be looking for any advantage you can get in todays sellers market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market.Act Early and SaveThe earlier you act this year, the more affordable your purchase will be. Thats because experts project mortgage rates will rise as we move deeper into 2022. According to Freddie Mac, the average 30-year fixed-rate mortgage is expected to be 3.5% by years end. Experts forecast home prices will rise as well.That means the longer you wait, the more it will cost you to buy a home. Instead, act early and purchase your home before rates and prices rise further. Not to mention, the sooner you buy, the sooner you can experi... 01/17/2022

If you're trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of todays strong sellers market when you make a move.Win When You SellRight now, conditions are very favorable for current homeowners looking for a change. If you sell now, here's what you can expect: Your House Will Stand Out While recent data shows there are more sellers getting ready to list their homes this winter, there are still more buyers in the market than there are homes for sale. If you sell your house now before more houses are listed, it will get more attention from serious buyers who are eager to find a home. Your House Will Likely Get Multiple Offers When supply is low and demand is high, buyers have to compete with each oth... 12/18/2021