by Wells Funding Group | Oct 6, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is...
by Wells Funding Group | Oct 5, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term...
by Wells Funding Group | Oct 4, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans....
by Wells Funding Group | Sep 28, 2022 | First Time Home Buyer, For Buyers, Housing Market Updates
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to...
by Wells Funding Group | Sep 27, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average...
by Wells Funding Group | Sep 26, 2022 | For Buyers, For Sellers, Housing Market Updates
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country?...
