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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...

Why a Move Could Bring You More Happiness This Year

by Wells Funding Group | Feb 1, 2022 | For Buyers, For Sellers, Move-Up Buyers

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a...

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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