by Wells Funding Group | Oct 28, 2022 | First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers
Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and...
by Wells Funding Group | Oct 26, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...
by Wells Funding Group | Oct 25, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
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...
by Wells Funding Group | Oct 24, 2022 | First Time Home Buyer, For Buyers, Move-Up Buyers
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s...
by Wells Funding Group | Oct 20, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...
by Wells Funding Group | Oct 19, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling...
