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The Drop in Mortgage Rates Brings Good News for Homebuyers Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

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…
Mike Stott
July 11, 2022
What Does an Economic Slowdown Mean for the Housing Market? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

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, in order to do so, they’d use their tools and influence…
Mike Stott
July 7, 2022
How Your Equity Can Grow over Time Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

How Your Equity Can Grow over Time

It’s true that 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…
Mike Stott
July 6, 2022
Is Homeownership Still the American Dream? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Is Homeownership Still the American Dream?

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home…
Mike Stott
July 5, 2022