Why mortgage rates move and what that means for a Phoenix buyer — inflation, bond markets, and the local price pressures behind Maricopa County listings. Also covers points, buydowns, and whether paying to lower your rate is worth it.
Showing 1–10 of 10 posts
U-Haul migratioon data shows where americans are moving...and where they're leaving. The latest trend points towards affordability, space, jobs, and quality of life as major drivers behind today's state-to-state moves.
Inflation just hit a 3-year high. Inventory's climbing. Rates are back in the mid-6s. And despite all that — for the right buyer, this is the best window I've seen in years.
Mortgage rates are climbing again as oil prices spike and inflation fears return. Here’s a simple breakdown of how global energy markets, the Strait of Hormuz, and inflation pressures are influencing mortgage rates right now.
The rent vs buy debate is back, and this time the argument says you’re better off renting and investing for 30 years. But what if the real answer isn’t either or?
Closing costs may not be your first consideration when thinking about purchasing a home. But when it significantly decreases your monthly payments, it can save thousands on the loan total. The basic idea behind is you pay for “points” that reduce your interest rate from the get-go. Buying mortgage points drops the monthly payment and puts more money back into your account. However, you may be confused without seeing examples or understanding exactly how it saves you money. Whether you’re already working with a lender or you’re researching before you jump in, we want to explain what mortgage points are and how they work.
You may relate to comparing mortgage rates more aggressively than the home your kids will grow up in. Our team believes your home financing adventure does not have to be difficult, and your family can enjoy your new home for a lifetime. We can walk you through current mortgage and refinance rates so you can see how the market is doing before you buy. Rates move with the news, and nobody can time them perfectly. Our team also wants to educate you on how mortgage rates work and how to get the best one for you, so you can be confident in your loan decision.
While your goal right now is likely to hold on to as much money as you can, there are some advantages to paying a loan discount fee. Knowing how and why this can be beneficial will help you decide if it is worth it for your long-term financial goals.
Home prices are constantly changing. While the size and location of a house plays a part in the price, it also helps to be aware of the other factors that influence price fluctuations.
Home buyers concerned about rising interest rates. Sellers are also finding that their house’s increased value makes it harder for prospective buyers to afford the mortgage. Fortunately, an extreme buydown is a potential solution that helps everyone achieve their goals.
Ever wondered just how to obtain the lowest mortgage interest rate? We want the lowest mortgage interest rate because it can literally save us tens of thousands of dollars in interest over the life of a home loan.
