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Category: Refinance and Mortgages

    Mortgage Rates Are Dropping. What Does That Mean for You?

    By CGR Marketing | December 20, 2022

    Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well... Read More

    What Happens to Housing when There’s a Recession?

    By Wendy Sanders | October 28, 2022

    Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022... Read More

    Four Things That Help Determine Your Mortgage Rate

    By Wendy Sanders | October 12, 2022

    If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat today’s higher rates and lock in... Read More

    Down Payment Assistance Programs Can Help You Achieve Homeownership

    By Wendy Sanders | March 2, 2022

    For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time home... Read More

    How Much Do You Need for Your Down Payment?

    By Wendy Sanders | January 4, 2022

    As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common... Read More

    Homebuyers: Be Ready To Act This Winter

    By Wendy Sanders | December 21, 2021

    To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every buyer should keep their eyes on: “Going forward, the conditions buyers face are primarily dependent on two things: mortgage rates and housing supply.”... Read More

    Why It Just Became Much Easier To Buy a Home

    By Wendy Sanders | December 7, 2021

    Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial benefits that come with rising home equity. At the same time, many current homeowners have decided their house no longer meets their needs, so they... Read More

    Do You Have Enough Money Saved for a Down Payment?

    By Wendy Sanders | October 13, 2020

    One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested... Read More

    Is Now a Good Time to Refinance My Home?

    By CGR Marketing | March 25, 2020

    With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of... Read More