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Expert Housing Market Forecasts for the Second Half of the Year

by Wells Funding Group | Jul 12, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections...

The Drop in Mortgage Rates Brings Good News for Homebuyers

by Wells Funding Group | Jul 11, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see...

What Does an Economic Slowdown Mean for the Housing Market?

by Wells Funding Group | Jul 7, 2022 | For Buyers, Housing Market Updates, Interest Rates

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their...

Is Homeownership Still the American Dream?

by Wells Funding Group | Jul 5, 2022 | First Time Home Buyer, For Buyers

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of...

Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

by Wells Funding Group | Jul 1, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable...

Homeownership Could Be in Reach with Down Payment Assistance Programs

by Wells Funding Group | Jun 29, 2022 | Buying Myths, Down Payments, For Buyers

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good...
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