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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 the average 30-year rate was down ...

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What Does an Economic Slowdown Mean for the Housing Market?

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And to do so, they’d use their tools and influence to slow down the economy. All of ...

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How Your Equity Can Grow over Time?

Record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value ...

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What Does a Property Surveyor Do?

Property Surveyors, sometimes referred to as Land Surveyors, play a vital role in the real estate world. They are the professionals who determine or confirm the exact boundaries of a property. Will you need to deal with a Property Surveyor when you sell your home? You might. Sometimes the mortgage lender will ask ...

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