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4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However,... Read More
Don’t Sell on Your Own Just Because It’s a Sellers’ Market
Don’t Sell on Your Own Just Because It’s a Sellers’ Market In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are... Read More
How Upset Should You Be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: Read More