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Best Ways to Navigate Getting a Home Today

2020 – You started thinking about buying a house. 2021 – Ok, let’s get some money together to be ready to buy a house. 2022 – Prices are high so you slowly start looking. Rate hike after rate hike, and now you can’t afford a...

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Buyers: Are You Ready for a Bidding War?

With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and...

The post Buyers: Are You Ready for a Bidding War? appeared first on Lamar Lending - Trusted Mortgage Broker Since 2005.

What Are Experts Saying about Home Prices?

Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by...

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Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does...

The post Mortgage Rates Hit Record Lows for Three Consecutive Weeks appeared first on Lamar Lending - Trusted Mortgage Broker Since 2005.

Does Your Home Have What Buyers Are Looking For?

There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the...

The post Does Your Home Have What Buyers Are Looking For? appeared first on Lamar Lending - Trusted Mortgage Broker Since 2005.