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If you are shopping for a home, you know there is a lot of noise in the marketplace. Earnings and stocks are rallying at a quick pace. Last year, the Fed was buying up $550 million/month mortgage back securities, this year they are buying $440 million/month in mortgage bonds, which is a 20 % reduction which will force rates to go up. This...
As you know the Fed hiked the rate which forces prices are down, and rates are up. We are still in a “floating mindset”- with the DOW down and home appreciation up. Everyone knew that the rate was going to go up, so interest rates were only affected slightly. If there were a “surprise rate” increase, then there would have been a shock to the market which sometimes leads to increased...
When you’re getting ready to sell your home, there are a few tips to help you. When your home presents better, it makes it easier to attract buyers. Since spring is the best time to put your home on the market, consider getting everything ready now.
Remove the Clutter Walk into any model home or open house and look at how clean and organized they are. There is not...
If you’re looking at buying a home this spring, it’s important to look at the mortgage rate that you could be getting. Rates are on the rise, which is leading to fewer mortgage applications being submitted.
The State of the Housing Market Understanding the housing market will make it easier to see what’s going on as a whole. Throughout Texas,...
The Tuttle Group believes an office that “plays together” works better together. The Tuttle Group employees are encouraged to fill out their March Madness brackets and watch the games. Andy Tuttle says: Having team members “play together” positively impacts office productivity by:
Improves company culture, when you are working together and sharing experiences...Be sure to watch our weekly Facebook Videos
Collin County Association of Realtors had a family feud game supporting the Texas Association of REALTORS® Political Action Committee (TREPAC) The team I played with won the gold!
This week the market update was sideways. Prices have dropped, the higher the rates, the lower the housing prices go. If you are in the market, now is the...
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The DFW area is one of the top 5 cities to live in for appreciation in the US with a 6.7% appreciation. Now is the time for “move up” buyers to look for their new home.
Listing your home in the spring. Be fully pre-approved before you find the home you want. You may miss out on the home you really want if you are not pre-approved....
A new HOME SCOUT app helps you to learn more about the homes on the market. Understanding how it can help you will make it easier for you to explore listings and make more informed decisions about a home before you choose to buy it.
Why HOME SCOUT? Websites like Zillow and Trulia have been used for years to obtain market information about housing. There are several details that are...
The stock market recovered the loses from all of the gains from last week. So this pressured bond pricing but with a late-week rally, we are looking for improvement this week. Good news if you were pre-approved contact your lender to make sure you are still qualified.
Zillow is not the best resource for searching for homes. The database for homes is not updated in a timely manner....
The ever-changing marketplace needs to be understood so you can determine how it’s going to affect your ability to get a mortgage.
Current Mortgage Rates According to recent data as of February 2018, the mortgage rates have been increasing steadily over the past several weeks. The average is a 0.6 point increase and is resulting in an approximate 4.32 percent...
Stay up to date on what you need to know about market changes and how that impacts a home mortgage.
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