Virginia Gardner

Blog :: 03-2022

Whats Happening with Mortgage Rates, and Where Will They Go from Here?

Whats Happening with Mortgage Rates, and Where Will They Go from Here? | Simplifying The Market

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Heres a visual to show how mortgage rate movement throughout 2021 was steady compared to the rapid

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A Key To Building Wealth Is Homeownership

A Key To Building Wealth Is Homeownership | Simplifying The Market

The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says:

Homeownership is rewarding in so many ways and can serve as a vital component in achieving financial

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What You Can Expect from the Spring Housing Market

What You Can Expect from the Spring Housing Market | Simplifying The Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years the housing market seems to be relatively

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The Average Homeowner Gained More Than $55K in Equity over the Past Year

The Average Homeowner Gained More Than $55K in Equity over the Past Year | Simplifying The Market

If youre a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, youre building that equity far faster than you may expect and this gain is great news for you.

Heres how it happened. Home values are on the rise thanks to

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