Nothing lasts forever, and that’s certainly true of the record low mortgage rates we’ve enjoyed recently. Mortgage rates are on the rise as we continue to recover from the pandemic, although they’re still at historically low levels. According to BankRate, the upward trend for mortgage rates is likely to continue through the year as more…
While last year taught us all that anything can happen, here’s what buyers and sellers can expect with real estate in 2021 … Mortgage Rates Buyers saw mortgage rates at all-time lows in 2020. The average over the course of last year was just 3%. Rates are already starting to rise, although they are expected…
Seems like each time that rates hit a new record low this year, we turn around and see mortgage rates still dropping even further. But will that continue? Now that the election is over and positive news of a coronavirus vaccine has been announced, we may see rates start to go back up … a…
Earlier this month, we saw mortgage rates drop to a new record low … even lower than the seven other record lows hit already in 2020. Freddie Mac reported that the average interest rate on a 30-year fixed-rate mortgage recently fell to 2.88%. If you were wondering, that’s the lowest they’ve seen in their 50-year…
There has been a lot of concern about how COVID-19 is affecting the Fresno housing market … Would anyone want to buy a home in such uncertain times? Would anyone be selling their home? How would realtors continue to do their jobs with all the restrictions to protect the public health? While there has been…
Rising interest rates aren’t always a bad thing because it means the economy is doing well leading to pay raises and bonuses. While higher interest rates won’t affect whether or not you can borrow, it will affect the rate at which you can borrow. Why are Interest Rates Rising? There are multiple factors that play…
Is now a good time to sell? Is now a good time to sell? That’s the biggest question when you’re considering moving to a new house or trying to decide on the right financial move. The Fresno housing market is booming right now. The demand is high and the supply is low, making it an…
Fresno Housing Market Predictions for 2018 A realtor economist stated that the housing prices in California are expected to keep rising for the next 3-5 years. While Fresno exists in its own world when it comes to real estate, the prices are continuing to rise here as well. Although, comparably, Fresno’s current median home price…
Why You Should List Your Home Now It’s not too late to list your home and get the benefits of the high market from summer. High market means that house prices are high, but they are still selling. More and more houses are being listed because the market is high, making it a good time…
Plan for Downtown Neighborhoods Community On October 18th, the City council voted unanimously to move forward with the development of a new Downtown Neighborhoods Community Plan and the Fulton Corridor Specific Plan, as well as a new Downtown Development Code. All of these ordinances will result in established building standards, residential densities, and permitted land…
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