By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years. But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make a move in today’s market. Understanding… Continue reading The Fed Cut Rates: What Does it Mean for Mortgage Rates?
Category: Real Estate News
6 Things You Need to Know About the Recent Changes to the Real Estate Industry
A little backstory: Back in March, the National Association of Realtors (NAR) agreed to a settlement deal. The organization agreed to both a monetary settlement as well as real estate practice changes aimed at providing more transparency regarding how real estate agents are paid. But how exactly does that change things for you? There are… Continue reading 6 Things You Need to Know About the Recent Changes to the Real Estate Industry
Election Year Myths: What Really Happens to Home Sales?
Historically, the housing market has reacted, if only temporarily, to election year tensions during the month of November, with changes to home sales, prices, and mortgage rates.