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Uncategorized The Drop in Mortgage Rates is Good News For Homebuyers The Drop in Mortgage Rates Brings Good News for Homebuyers Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that […]
Uncategorized Things Sellers Need to Know for Closing “Fifteen Things to Know” – For Sellers Written by Scott Umstead, P.A. 1. How the closing date is set. The closing date stated in your contract is the target closing date, but the buyer’s attorney will set the official closing date. If your buyer is purchasing with a bank loan, the closing cannot occur until […]
Uncategorized How Homeownership Impacts You June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put your stamp on. If you’re thinking about buying a […]
Uncategorized Is the Housing Market Correcting? If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs to remember is that […]
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