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The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

by Wells Funding Group | Feb 2, 2022 | First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers

Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year...

Owning Is More Affordable than Renting in the Majority of the Country

by Wells Funding Group | Jan 31, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Interest Rates, Pricing, Rent vs. Buy

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable...
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