by Wells Funding Group | Mar 8, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from...
by Wells Funding Group | Feb 17, 2022 | Housing Market Updates, Interest Rates, Pricing
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the...
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...
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...
