by Janet Ortega | Apr 14, 2022 | For Buyers, Housing Market Updates, Interest Rates
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...
![Key Terms for Homebuyers [INFOGRAPHIC]](http://janetortega.com/wp-content/uploads/2022/03/20220311-KCM-Share-549x300-1.png)
by Janet Ortega | Mar 14, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the...
![Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]](http://janetortega.com/wp-content/uploads/2021/09/20210917-KCM-Share-549x300-1.png)
by Janet Ortega | Sep 17, 2021 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Rent vs. Buy
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple...
![Mortgage Rates & Payments by Decade [INFOGRAPHIC]](http://janetortega.com/wp-content/uploads/2020/08/20200814-KCM-Share-549x300-1.jpg)
by Janet Ortega | Aug 14, 2020 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant. Let’s connect to...
by Janet Ortega | Jan 23, 2020 | Baby Boomers, Down Payments, For Buyers, Interest Rates, Senior Market
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity...
by Janet Ortega | Nov 8, 2019 | Housing Market Updates, Interest Rates, Pricing
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic...
