The last 2 weeks have mostly uneventful from a market news standpoint, but rates have crept up slowly. Check out my video above for an update on the past week's movement and this week's potential market movers. ​​ Where Are…
Mortgage Rate Update December 12th, 2022 The last week has been fairly non-eventful. Bond traders are squaring positions getting ready for this week's all important CPI report due out Tuesday morning followed by the Fed's meeting and expected rate hike…
With home prices and mortgage rates at 20 year highs, homebuyers are looking for anything that will lower their monthly payment. A temporary 2/1 Rate Buydown (and even a 3/2/1 buydown) is getting a lot of marketing hype all over…
Ken Sausedo of Signature Properties Group on Saint Simons Island recently interviewed me to chat about recent real estate trends and where the mortgage interest rate market has been. Ken is a great resource for condos on St Simons, Brunswick,…
Extended Mortgage Rate Locks In our current housing market, uncertainty is reality. Brunswick, Saint Simons Island, and Jekyll Island in Glynn County are no exception. Rising home prices and rising mortgage rates have put many buyers ill-at-ease. Capital City Home…
The real estate market in Saint Simons Island, Southeast Georgia, and the rest of the country continues to be plagued by low-inventory and high home prices. To add insult to injury, mortgage rates have skyrocketed above 5% and are now…
There's a lot of talk in the mortgage and real estate market about whether the recent run-up in housing prices is a "market bubble" comparable to 2008. While housing prices have increased dramatically in the last 12 months, I'm not…
Why should you improve your credit score? Improving your credit score for a mortgage can be one of the most efficient ways to improve your monthly payment, interest rate, and borrowing costs without making a huge down-payment. Qualifying for a…
Mortgage rates have fallen to all-time lows, and 30 year fixed rates are available in the mid 2's and lower! How much would it cost you if rates go up, home prices continue to rise, or worse - both happen?!…
Mortgage Rates at Historic Lows If you took out a mortgage in 2018, now could be the right time to consider refinancing it, according to recent data from Black Knight. The property analytics firm's latest Mortgage Monitor Report reveals that today's prevailing…
