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Mortgage Rates Will Come Down, It’s Just a Matter of Time

by Wells Funding Group | Nov 21, 2022 | Buying Myths, First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate...

More People Are Finding the Benefits of Multigenerational Households Today

by Wells Funding Group | Nov 17, 2022 | Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of...

Why It May Be Time To Add Newly Built Homes to Your Search

by Wells Funding Group | Nov 15, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers, New Construction

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options...

VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]

by Wells Funding Group | Nov 11, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house....

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

by Wells Funding Group | Nov 10, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should...

What’s Ahead for Mortgage Rates and Home Prices?

by Wells Funding Group | Nov 9, 2022 | First Time Home Buyer, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so...
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