Mortgage Rates Fall Below 3%
Mortgage rates hit another all-time low, falling below 3% this week.
Mortgage rates hit another all-time low, falling below 3% this week.
A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph).
New-home transactions have reportedly doubled in the last two weeks alone as young professional millennials from 31 to 40 years old show increasing demand to buy, John Burns Real Estate Consulting reports.
Before you get emotionally attached to a beautiful house, check your monthly budget to determine how much house you can afford. You need to leave room in your budget for other things, so make sure your monthly housing costs (including HOA fees, taxes, insurance, etc.) are going to be no more than 25% of your monthly take-home pay.
Homebuying Tip of the day! You don’t need 20% saved for a downpayment
A video that analyzes the single-family housing market activity for April 2020 in West Roxbury, MA 02132!
Looking for a home? Avoid these 5 common home buying mistakes, assumptions, and myths.
Congratulations and welcome to West Roxbury, the homebuyers of 114 Greaton Road, West Roxbury, MA 02132.
Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format.
With today’s advantages for buyers and sellers at different ends of the market, you need an expert on your side to help you navigate the ever-changing waters.