by Brandon Lamar | Feb 23, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates...
![Home Mortgage Rates by Decade [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.87/074.bee.myftpupload.com/wp-content/uploads/2021/02/20210205-KCM-Share-1-548x300-1.png?time=1614386575)
by Brandon Lamar | Feb 19, 2021 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home...
by Brandon Lamar | Feb 18, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate...
by Brandon Lamar | Feb 15, 2021 | First Time Home Buyers, For Buyers, Interest Rates
There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time...
by Brandon Lamar | Feb 11, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of...
by Brandon Lamar | Feb 10, 2021 | For Buyers, Housing Market Updates, Interest Rates, Luxury Market, Move-Up Buyers
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of...
