Navigating the Mortgage Rate Dilemma: Should You Wait or Buy Now?
Many potential homebuyers find themselves facing a common conundrum: should they wait for mortgage rates to drop, or take the plunge and buy now? While it may seem prudent to hold off on a purchase in hopes of securing a lower rate, there are several compelling reasons why waiting may not...
Balancing Act: The Art of Compromise in Home Buying
When it comes to buying a home, it's often said that it's all about location, location, location. However, compromises are sometimes necessary in the quest for the perfect home.
While it's natural to want everything on your wish list, being flexible can open up new possibilities and help...
How will house hunters find and buy homes, post-NAR settlement?
The proposed settlement will restrict how agents can solicit commission ratesin MLS databases
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | April 08, 2024
Article originally posted in Orange County Register on April 04, 2024.
The National Association of...
Navigating Home Buying with Elevated Mortgage Rates: 10 Mistakes to Avoid
Homebuyers face a unique set of challenges in today’s real estate market, characterized by elevated mortgage rates and fluctuating conditions. While the temptation to time the market or solely focus on mortgage payments looms, falling into these traps can lead to costly...
Housing market malaise hasn’t cut options for equity rich homeowners
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | April 01, 2024
Article originally posted in Orange County Register on March 29, 2024.
American homeowners have never enjoyed more home equity.
The average homeowner now has $299,000 in equity, $193,000 of which...