by Emello Pagani | Feb 24, 2021 | Sellers
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are...
by Emello Pagani | Feb 23, 2021 | Buyers, Buying Myths, First Time Home Buyers
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates...
by Emello Pagani | Feb 22, 2021 | Buyers & Sellers, Housing Market Updates
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take...
![Home Mortgage Rates by Decade [INFOGRAPHIC]](https://www.emellopagani.com/wp-content/uploads/sites/15/2021/02/Home-Mortgage-Rates-by-Decade-INFOGRAPHIC.png)
by Emello Pagani | Feb 19, 2021 | Buyers, First Time Home Buyers
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home...
by Emello Pagani | Feb 18, 2021 | Buyers, First Time Home Buyers
With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate...
