Virginia Gardner

Blog :: 02-2021

Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More Homes to Buy This Year? | Simplifying The Market

If youre looking for a home to purchase right now and having trouble finding one, youre not alone. At a time like this when there are so few houses for sale, its normal to wonder if youll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low the lowest point recorded since NAR began tracking this metric in 1982.

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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

The Reason Mortgage Rates Are Projected to Increase and What It Means for You | Simplifying The Market

Were 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 over the last twelve months. However, theres no guarantee rates will remain this

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Home Mortgage Rates by Decade [INFOGRAPHIC]

Home Mortgage Rates by Decade [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Mortgage interest rates have dropped considerably over the past year, and compared to what weve seen in recent decades, its 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 loan, but these low rates may not last forever.
  • If youre in a position to buy a home, lets connect to determine your best move in todays housing market while interest rates are still in your
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Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates Continue through 2021? | Simplifying The Market

With mortgage interest rates hitting record lows so many times recently, some are wondering if well see low rates continue throughout 2021, or if theyll start to rise. Recently, Freddie Mac released their quarterly forecast, noting:

The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to continue through this

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