Tag Archives: mortgages

Affordable housing is no longer affordable for most people

Posted on September 12, 2023 by Mary Kelly

Anyone wanting to purchase a home who will need to finance should first contact a lender for advice. According to the following posted article, 1 in 5 millennials say they will never be able to own their own home. I … Continue reading →

Posted in Real Estate Info | Tagged , , , | Comments Off on Affordable housing is no longer affordable for most people

Mortgage rates + home prices: 1970 – present

Posted on August 10, 2023 by Mary Kelly

Historically, when mortgage interest rates start rising, home prices start declining….. And though we are not seeing declines in home prices in all markets yet, I believe declines are coming within the next year! Declines in home prices right now … Continue reading →

Posted in Economy | Tagged , , | Comments Off on Mortgage rates + home prices: 1970 – present

Mortgage rates up – what does that mean?

Posted on March 4, 2023 by Mary Kelly

Mortgage rates have gone up again. (See Here Are Today’s Mortgage Rates on March 3, 2023: Rates Tick Up written by Justin Jaffe (CNET) at https://www.cnet.com/personal-finance/mortgages/here-are-todays-mortgage-rates-on-march-3-2023-rates-tick-up/). Normally when mortgage interest rates go up, home prices decline. However, right now we … Continue reading →

Posted in Real Estate Info | Tagged , , , | Comments Off on Mortgage rates up – what does that mean?

3 Reasons Why You Should Get Pre-Approved for a mortgage first before you shop for a home to buy

Posted on February 13, 2023 by Mary Kelly

Flyer by Georgia REALTORS® may be downloaded and printed If you are pre-approved for a mortgage when you plan to finance the purchase of a home, you have a better chance of a seller accepting an offer to buy a … Continue reading →

Posted in Real Estate Info | Tagged , , , , | Comments Off on 3 Reasons Why You Should Get Pre-Approved for a mortgage first before you shop for a home to buy

Politics & Real Estate come together….

Posted on December 31, 2022 by Mary Kelly

DECEMBER 29, 2022 What Does the U.S. 2023 Appropriations Bill Do for RE? By Kerry Smith The $1.7T spending bill that funds the federal government through Sept. covers a number of RE priorities, such as buyer assistance, fair housing and … Continue reading →

Posted in Real Estate Info | Tagged , , , , , , | Comments Off on Politics & Real Estate come together….

Six questions to ask when choosing a lender

Posted on December 12, 2022 by Mary Kelly

It is extremely important that you ask the right questions of lenders you are considering for a mortgage when you are going to purchase a home. Six of the questions you should ask are listed on the flyer embedded in … Continue reading →

Posted in Real Estate Info | Tagged , , , | Comments Off on Six questions to ask when choosing a lender