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 12, 2022 | Down Payments, First Time Home Buyer, For Buyers, Interest Rates, Move-Up Buyers
If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If...
by Wells Funding Group | Oct 11, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the...
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 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 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...
